2022
Exports
$27MWorld Rnk 21 / 123
Flag Rnk 614 / 1213
2022
PRODUCT COMPLEXITY IN Cocoa Butter
-1.34Rnk 920 / 1025
2022
Imports
$82.3MWorld Rnk 16 / 179
Flag Rnk 424 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $27M in Cocoa Butter, making it the 21st largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 614th most exported product in Turkey. The main destination of Cocoa Butter exports from Turkey are: Iran ($10.9M), Algeria ($3.54M), Croatia ($2.67M), Israel ($2.15M), and Russia ($1.86M).

The fastest growing export markets for Cocoa Butter of Turkey between 2021 and 2022 were Algeria ($3.34M), Russia ($1.86M), and Israel ($1.58M).

Imports In 2022, Turkey imported $82.3M in Cocoa Butter, becoming the 16th largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 424th most imported product in Turkey. Turkey imports Cocoa Butter primarily from: Malaysia ($24M), Netherlands ($23.9M), Bulgaria ($15.1M), Indonesia ($6.34M), and France ($5.54M).

The fastest growing import markets in Cocoa Butter for Turkey between 2021 and 2022 were Bulgaria ($15.1M), Indonesia ($3.48M), and Cote d'Ivoire ($3.1M).

Latest Trends

Nov 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 Cocoa Butter. 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)$27M
IMPORTS (2022)$82.3M
NET TRADE (2022)-$55.3M

In 2022, Turkey exported $27M in Cocoa Butter. The main destinations of Turkey exports on Cocoa Butter were Iran ($10.9M), Algeria ($3.54M), Croatia ($2.67M), Israel ($2.15M), and Russia ($1.86M).

In 2022, Turkey imported $82.3M in Cocoa Butter, mainly from Malaysia ($24M), Netherlands ($23.9M), Bulgaria ($15.1M), Indonesia ($6.34M), and France ($5.54M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Algeria$3.34M (1.73k%)
Russia$1.86M (67.9k%)
Israel$1.58M (279%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Turkey WERE (2021 - 2022):
Croatia-$1.25M (-31.9%)
Greece-$754k (-65.9%)
Serbia-$628k (-85.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $724k
TOP IMPORT POTENTIALCote d'Ivoire+ $4.41M

Cocoa Butter’s highest export potential is Netherlands. With an export gap of $724k.   Cocoa Butter’s highest import potential is Cote d'Ivoire with an import gap of $4.41M.

See methodology.

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