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The Egypt-Turkey Free Trade Agreement (FTA) is Egypt's third bilateral FTA and Turkey's eleventh bilateral regional trade agreement notified to the WTO. The countries have different economic structures, with Turkey's merchandise exports consisting of 81.2% manufactures and 8% fuels and mining products, while Egypt's exports consisted of 30.4% manufactures and 54% fuels and mining products in 2006. Egypt's GDP was $107.5 billion in 2006, while Turkey's was $402.7 billion. The two economies had similar average trade/GDP ratios in 2004-2006. Egypt ran a consistent trade deficit with Turkey from 1999-2006. Turkey is Egypt's 14th largest trading partner in terms of imports and 10th for exports, while Egypt is Turkey's 46th largest trading partner in terms of imports and 28th for exports. The main product categories traded between the two countries include base metals, machinery, minerals, textiles, and vehicles.