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Exports In 2022, Turkey exported $1.55M in Balances, making it the 18th largest exporter of Balances in the world. At the same year, Balances was the 997th most exported product in Turkey. The main destination of Balances exports from Turkey are: Sudan ($261k), Iran ($214k), Germany ($212k), Azerbaijan ($129k), and Netherlands ($75.4k).

The fastest growing export markets for Balances of Turkey between 2021 and 2022 were Sudan ($259k), Germany ($125k), and Iran ($95.4k).

Imports In 2022, Turkey imported $5.79M in Balances, becoming the 15th largest importer of Balances in the world. At the same year, Balances was the 897th most imported product in Turkey. Turkey imports Balances primarily from: China ($1.65M), Netherlands ($1.04M), Germany ($1.02M), Switzerland ($663k), and Poland ($607k).

The fastest growing import markets in Balances for Turkey between 2021 and 2022 were Netherlands ($235k), Switzerland ($140k), and Philippines ($84.4k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Balances. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.55M
IMPORTS (2022)$5.79M
NET TRADE (2022)-$4.25M

In 2022, Turkey exported $1.55M in Balances. The main destinations of Turkey exports on Balances were Sudan ($261k), Iran ($214k), Germany ($212k), Azerbaijan ($129k), and Netherlands ($75.4k).

In 2022, Turkey imported $5.79M in Balances, mainly from China ($1.65M), Netherlands ($1.04M), Germany ($1.02M), Switzerland ($663k), and Poland ($607k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Balances EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Sudan$259k (11.1k%)
Germany$125k (145%)
Iran$95.4k (80.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Balances BY Turkey WERE (2021 - 2022):
Switzerland-$34.1k (-98.1%)
Kazakhstan-$28.7k (-74.6%)
Mozambique-$24.5k (-99.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Balances were:
In 2022, Turkey's main importing competitors in Balances were:

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Trade Value of Balances by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $69.9k
TOP IMPORT POTENTIALChina+ $304k

Balances’s highest export potential is Germany. With an export gap of $69.9k.   Balances’s highest import potential is China with an import gap of $304k.

See methodology.

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