2022
Exports
$13.8BWorld Rnk 31 / 226
Flag Rnk 7 / 21
2022
PRODUCT COMPLEXITY IN Chemical Products
2.43Rnk 1 / 1025
2022
Imports
$30.4BWorld Rnk 20 / 226
Flag Rnk 4 / 21
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $13.8B in Chemical Products, making it the 31st largest exporter of Chemical Products in the world. At the same year, Chemical Products was the 7th most exported product in Turkey. The main destination of Chemical Products exports from Turkey are: Russia ($879M), Iraq ($718M), Iran ($537M), Italy ($490M), and South Korea ($476M).

The fastest growing export markets for Chemical Products of Turkey between 2021 and 2022 were Russia ($574M), Romania ($194M), and Brazil ($162M).

Imports In 2022, Turkey imported $30.4B in Chemical Products, becoming the 20th largest importer of Chemical Products in the world. At the same year, Chemical Products was the 4th most imported product in Turkey. Turkey imports Chemical Products primarily from: China ($4.93B), Germany ($3.34B), South Korea ($1.73B), United States ($1.51B), and France ($1.37B).

The fastest growing import markets in Chemical Products for Turkey between 2021 and 2022 were China ($690M), Kuwait ($498M), and Oman ($345M).

COMPANIES In 2023, leading companies such as RHI Magnesita (44), Polyplex (27), and Electrolux (17) were at the forefront of shipping Chemical Products from Turkey to the United States.

Latest Trends

Sep 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 Chemical Products. 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)$13.8B
IMPORTS (2022)$30.4B
NET TRADE (2022)-$16.7B

In 2022, Turkey exported $13.8B in Chemical Products. The main destinations of Turkey exports on Chemical Products were Russia ($879M), Iraq ($718M), Iran ($537M), Italy ($490M), and South Korea ($476M).

In 2022, Turkey imported $30.4B in Chemical Products, mainly from China ($4.93B), Germany ($3.34B), South Korea ($1.73B), United States ($1.51B), and France ($1.37B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Products EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$574M (188%)
Romania$194M (77.4%)
Brazil$162M (95%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Products BY Turkey WERE (2021 - 2022):
Ukraine-$71.6M (-29.3%)
Libya-$43.2M (-28.9%)
Azerbaijan-$38.7M (-10.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Chemical Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $289M
TOP IMPORT POTENTIALGermany+ $936M

Chemical Products’s highest export potential is United States. With an export gap of $289M.   Chemical Products’s highest import potential is Germany with an import gap of $936M.

See methodology.

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