TURKEY-US Trade Profile

Comprehensive analysis of TURKEY exports to the United States, including trade volumes, commodity breakdown, tariff rates, and logistics infrastructure.

Hedge tariff risk: Trade tariff prediction markets on Ballast Markets to lock in costs and protect margins against tariff changes affecting TURKEY imports.

Trade Overview (2023)

| Metric | Value | |--------|-------| | Country | TURKEY | | Country Code | TR | | Total US Imports | $0.23 billion (2023) | | Number of Products | 3+ HS codes tracked | | Tariff Exposure | 0-25% (MFN + potential Section 301/232) |

Top Import Categories

The United States imported 3+ different products from TURKEY in 2023. Here are the top 10 by value:

1. Lifting/handling machinery (HS 8428)

• Import Value: $0.14 billion (60.1% of total)
• HS Code: 8428
• Tariff Rate: View HS 8428 TR tariff

Lifting/handling machinery is a major export from TURKEY, representing 60.1% of bilateral trade.

2. Curtains/drapes (HS 6303)

• Import Value: $0.08 billion (35.6% of total)
• HS Code: 6303
• Tariff Rate: View HS 6303 TR tariff

Curtains/drapes is a major export from TURKEY, representing 35.6% of bilateral trade.

3. Hot-rolled steel coil (HS 7208)

• Import Value: $0.01 billion (4.3% of total)
• HS Code: 7208
• Tariff Rate: View HS 7208 TR tariff

Hot-rolled steel coil is a major export from TURKEY, representing 4.3% of bilateral trade.

Commodity Breakdown Table

| Rank | Product | HS Code | Import Value (2023) | Share of Total | |------|---------|---------|-------------------|----------------| | 1 | Lifting/handling machinery | 8428 | $0.14B | 60.1% | | 2 | Curtains/drapes | 6303 | $0.08B | 35.6% | | 3 | Hot-rolled steel coil | 7208 | $0.01B | 4.3% |

Tariff Landscape

Current Tariff Rates

MFN Tariff Rates: TURKEY products enter under Most-Favored Nation rates:

• Base Rates: 0-15% depending on HS classification
• Average Rate: Varies by product category
• Section 301 Risk: Potential additional tariffs if trade disputes arise
• FTA Status: No current free trade agreement with US

Tariff Considerations:

• Product-specific rates vary widely
• No preferential access like USMCA countries
• Lower than China but higher than Mexico/Canada

Tariff Impact by Product

View detailed tariff rates for specific TURKEY products:

• HS 8428: Lifting/handling machinery
• HS 6303: Curtains/drapes
• HS 7208: Hot-rolled steel coil

Logistics & Shipping

Major Trade Routes

TURKEY goods typically ship to the US via:

Ocean Shipping:

• Container services from major TURKEY ports
• Transit times: 7-25 days depending on route
• Freight rates vary by season and capacity

US Ports of Entry:

• Los Angeles / Long Beach
• New York/New Jersey
• Houston
• Savannah

Transit Times

| Route Type | Transit Time | Notes | |------------|-------------|-------| | Ocean Freight | 10-20 days | Port-to-port | | Air Freight | 3-7 days | Premium option | | Door-to-Door | 18-30 days | Including customs |

Risk Management

Supply Chain Risks

Tariff Volatility:

• Moderate risk (potential Section 301 actions)
• Policy changes can occur with 60-90 days notice
• Effective tariff rates can double or triple

Logistics Risks:

• Port congestion at US gateways
• Regional supply chain bottlenecks
• Seasonal capacity constraints

Hedging Strategies

1. Tariff Prediction Markets

Hedge TURKEY tariff exposure using tariff prediction markets:

Example:

• Exposure: $10M annual imports from TURKEY
• Current Tariff: 5-15%
• Hedge: Buy "TR-US Tariff > 25%" position
• Protection: Payout offsets increased duty costs

2. Sourcing Diversification

Don't rely solely on TURKEY:

• Blend TURKEY with multiple regions
• Reduce concentration risk
• Maintain supply chain flexibility

3. USMCA Optimization

Consider shifting production to USMCA countries:

• Mexico/Canada offer 0% tariffs
• Shorter supply chains
• Lower tariff risk

Related Resources

• TURKEY Ports - Major export gateways
• Tariff Hedging Strategies - Risk management
• Section 301 Tariffs - China trade actions
• Container Shipping Routes - TURKEY-US logistics

Sources

• U.S. Census Bureau International Trade Data (2023)
• Office of the United States Trade Representative (USTR)
• U.S. Customs and Border Protection (CBP)
• Ballast Markets bilateral trade analysis

Risk Disclosure

This content is for informational and educational purposes only and should not be construed as financial, legal, or trade advice. Tariff rates are subject to change based on government policy and bilateral negotiations. Trade statistics may have reporting delays. Verify current rates and compliance requirements with customs brokers and trade advisors. Prediction markets involve risk of loss.

Disclaimer

Ballast Markets provides this content as a free educational resource for the global trade community. Trade data is sourced from official U.S. government sources but may contain errors or be outdated. For sourcing and compliance decisions, always verify with customs brokers and industry experts.

Last updated: 2025-11-04