2022
Exports
$1.24BWorld Rnk 43 / 214
Flag Rnk 44 / 96
2022
PRODUCT COMPLEXITY IN Organic chemicals
1.95Rnk 8 / 1025
2022
Imports
$10.5BWorld Rnk 16 / 225
Flag Rnk 8 / 96
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $1.24B in Organic chemicals, making it the 43rd largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 44th most exported product in Turkey. The main destination of Organic chemicals exports from Turkey are: Italy ($169M), Russia ($82.6M), Netherlands ($79.5M), United States ($64.9M), and Greece ($63.4M).

The fastest growing export markets for Organic chemicals of Turkey between 2021 and 2022 were Russia ($61.8M), Netherlands ($40.4M), and Algeria ($24.2M).

Imports In 2022, Turkey imported $10.5B in Organic chemicals, becoming the 16th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 8th most imported product in Turkey. Turkey imports Organic chemicals primarily from: China ($2.94B), South Korea ($969M), United States ($848M), Saudi Arabia ($704M), and Kuwait ($584M).

The fastest growing import markets in Organic chemicals for Turkey between 2021 and 2022 were China ($842M), Kuwait ($496M), and South Korea ($150M).

COMPANIES In 2023, leading companies such as IKEA Group (10), Electrolux (9), and Jo-Ann Stores (4) were at the forefront of shipping Organic chemicals from Turkey to the United States.

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 Organic chemicals. 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)$1.24B
IMPORTS (2022)$10.5B
NET TRADE (2022)-$9.31B

In 2022, Turkey exported $1.24B in Organic chemicals. The main destinations of Turkey exports on Organic chemicals were Italy ($169M), Russia ($82.6M), Netherlands ($79.5M), United States ($64.9M), and Greece ($63.4M).

In 2022, Turkey imported $10.5B in Organic chemicals, mainly from China ($2.94B), South Korea ($969M), United States ($848M), Saudi Arabia ($704M), and Kuwait ($584M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$61.8M (297%)
Netherlands$40.4M (103%)
Algeria$24.2M (255%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Turkey WERE (2021 - 2022):
United Kingdom-$31M (-62.1%)
Libya-$21.3M (-93.9%)
Greece-$15.3M (-19.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Organic chemicals were:
In 2022, Turkey's main importing competitors in Organic chemicals were:

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $45M
TOP IMPORT POTENTIALChina+ $277M

Organic chemicals’s highest export potential is United States. With an export gap of $45M.   Organic chemicals’s highest import potential is China with an import gap of $277M.

See methodology.

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