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2022
Exports $117MWorld Rnk 4 / 116
Flag Rnk 346 / 1213
2022
Destination $4.28M Austria
2021 - 2022
FASTEST GROWING MARKET $4.28MGermany
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate-0.46Rnk 685 / 1025
2022
Imports $51.2MWorld Rnk 16 / 172
Flag Rnk 498 / 1211
2022
Origin $10.4M China
2021 - 2022
FASTEST GROWING ORIGIN $10.4MChina
2022
ECONOMIC COMPLEXITY of Turkey0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $117M in Magnesium Carbonate, making it the 4th largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 346th most exported product in Turkey. The main destination of Magnesium Carbonate exports from Turkey are: Austria ($33.5M), Germany ($12.4M), India ($10.7M), Ireland ($6.2M), and Tanzania ($5.41M).

The fastest growing export markets for Magnesium Carbonate of Turkey between 2021 and 2022 were Germany ($4.28M), Austria ($3.54M), and Ireland ($2.16M).

Imports In 2022, Turkey imported $51.2M in Magnesium Carbonate, becoming the 16th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 498th most imported product in Turkey. Turkey imports Magnesium Carbonate primarily from: China ($21.5M), Spain ($7.33M), Mexico ($3.62M), Brazil ($3.28M), and Netherlands ($3.12M).

The fastest growing import markets in Magnesium Carbonate for Turkey between 2021 and 2022 were China ($10.4M), Spain ($2.64M), and Brazil ($2.61M).

Latest Trends

Jul 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 Magnesium Carbonate. 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)$117M
IMPORTS (2022)$51.2M
NET TRADE (2022)$65.3M

In 2022, Turkey exported $117M in Magnesium Carbonate. The main destinations of Turkey exports on Magnesium Carbonate were Austria ($33.5M), Germany ($12.4M), India ($10.7M), Ireland ($6.2M), and Tanzania ($5.41M).

In 2022, Turkey imported $51.2M in Magnesium Carbonate, mainly from China ($21.5M), Spain ($7.33M), Mexico ($3.62M), Brazil ($3.28M), and Netherlands ($3.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Germany$4.28M (52.8%)
Austria$3.54M (11.8%)
Ireland$2.16M (53.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY Turkey WERE (2021 - 2022):
Slovenia-$17.6M (-77%)
Ukraine-$5.97M (-86.7%)
India-$4.24M (-28.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Magnesium Carbonate were:
China $1.24B
United States $185M
Netherlands $119M
In 2022, Turkey's main importing competitors in Magnesium Carbonate were:
United States $334M
Germany $230M
Democratic Republic of the Congo $214M

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.89M
TOP IMPORT POTENTIALChina+ $1.66M

Magnesium Carbonate’s highest export potential is India. With an export gap of $2.89M.   Magnesium Carbonate’s highest import potential is China with an import gap of $1.66M.

See methodology.

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