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Exports In 2022, Turkey exported $1.05M in Nitric Acids, making it the 35th largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 1030th most exported product in Turkey. The main destination of Nitric Acids exports from Turkey are: Iraq ($337k), Morocco ($223k), Azerbaijan ($190k), Libya ($44.6k), and Cyprus ($27.4k).

The fastest growing export markets for Nitric Acids of Turkey between 2021 and 2022 were Iraq ($268k), Morocco ($210k), and Azerbaijan ($77.1k).

Imports In 2022, Turkey imported $2.11M in Nitric Acids, becoming the 41st largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 1020th most imported product in Turkey. Turkey imports Nitric Acids primarily from: China ($1.16M), Germany ($433k), India ($276k), Slovakia ($44.4k), and Canada ($36.6k).

The fastest growing import markets in Nitric Acids for Turkey between 2021 and 2022 were China ($609k), India ($276k), and Germany ($107k).

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 Nitric Acids. 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)$1.05M
IMPORTS (2022)$2.11M
NET TRADE (2022)-$1.06M

In 2022, Turkey exported $1.05M in Nitric Acids. The main destinations of Turkey exports on Nitric Acids were Iraq ($337k), Morocco ($223k), Azerbaijan ($190k), Libya ($44.6k), and Cyprus ($27.4k).

In 2022, Turkey imported $2.11M in Nitric Acids, mainly from China ($1.16M), Germany ($433k), India ($276k), Slovakia ($44.4k), and Canada ($36.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Iraq$268k (386%)
Morocco$210k (1.65k%)
Azerbaijan$77.1k (68%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Turkey WERE (2021 - 2022):
Libya-$46.8k (-51.2%)
Turkmenistan-$25.6k (-50.3%)
Uzbekistan-$10.4k (-50.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Turkey's main exporting competitors in Nitric Acids were:
In 2022, Turkey's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $7.08k
TOP IMPORT POTENTIALGermany+ $178k

Nitric Acids’s highest export potential is United Arab Emirates. With an export gap of $7.08k.   Nitric Acids’s highest import potential is Germany with an import gap of $178k.

See methodology.

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