2022
Exports
$435MWorld Rnk 29 / 216
Flag Rnk 149 / 1213
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$873MWorld Rnk 26 / 222
Flag Rnk 72 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $435M in Industrial Fatty Acids, Oils and Alcohols, making it the 29th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 149th most exported product in Turkey. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Turkey are: Russia ($46.4M), Iraq ($44.5M), Netherlands ($40M), Germany ($24.4M), and United States ($19.7M).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Turkey between 2021 and 2022 were Russia ($30M), Netherlands ($24.6M), and United States ($10.9M).

Imports In 2022, Turkey imported $873M in Industrial Fatty Acids, Oils and Alcohols, becoming the 26th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 72nd most imported product in Turkey. Turkey imports Industrial Fatty Acids, Oils and Alcohols primarily from: Germany ($246M), China ($144M), Italy ($72.2M), Ireland ($61.4M), and Netherlands ($48.9M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Turkey between 2021 and 2022 were China ($53.7M), Germany ($18.9M), and France ($17.2M).

Latest Trends

Oct 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 Industrial Fatty Acids, Oils and Alcohols. 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)$435M
IMPORTS (2022)$873M
NET TRADE (2022)-$438M

In 2022, Turkey exported $435M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Turkey exports on Industrial Fatty Acids, Oils and Alcohols were Russia ($46.4M), Iraq ($44.5M), Netherlands ($40M), Germany ($24.4M), and United States ($19.7M).

In 2022, Turkey imported $873M in Industrial Fatty Acids, Oils and Alcohols, mainly from Germany ($246M), China ($144M), Italy ($72.2M), Ireland ($61.4M), and Netherlands ($48.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$30M (182%)
Netherlands$24.6M (160%)
United States$10.9M (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Turkey WERE (2021 - 2022):
Belgium-$5.4M (-58.9%)
Nigeria-$3.26M (-53.9%)
Ukraine-$2.95M (-52.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Turkey's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALNetherlands+ $3.61M
TOP IMPORT POTENTIALIndonesia+ $24.6M

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is Netherlands. With an export gap of $3.61M.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Indonesia with an import gap of $24.6M.

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