2022
Exports
$11.7MWorld Rnk 27 / 92
Flag Rnk 755 / 1213
2022
PRODUCT COMPLEXITY IN Pig Iron
-1.18Rnk 876 / 1025
2022
Imports
$666MWorld Rnk 3 / 141
Flag Rnk 92 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $11.7M in Pig Iron, making it the 27th largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 755th most exported product in Turkey. The main destination of Pig Iron exports from Turkey are: Mexico ($4.99M), Bulgaria ($3.74M), Pakistan ($807k), Tunisia ($771k), and India ($530k).

The fastest growing export markets for Pig Iron of Turkey between 2021 and 2022 were Mexico ($4.99M), Bulgaria ($3.71M), and Tunisia ($394k).

Imports In 2022, Turkey imported $666M in Pig Iron, becoming the 3rd largest importer of Pig Iron in the world. At the same year, Pig Iron was the 92nd most imported product in Turkey. Turkey imports Pig Iron primarily from: Russia ($457M), Brazil ($134M), Ukraine ($52.4M), South Africa ($14.2M), and Germany ($5.16M).

The fastest growing import markets in Pig Iron for Turkey between 2021 and 2022 were Russia ($94.2M), Brazil ($76.8M), and South Africa ($6.25M).

Latest Trends

Sep 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 Pig Iron. 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)$11.7M
IMPORTS (2022)$666M
NET TRADE (2022)-$655M

In 2022, Turkey exported $11.7M in Pig Iron. The main destinations of Turkey exports on Pig Iron were Mexico ($4.99M), Bulgaria ($3.74M), Pakistan ($807k), Tunisia ($771k), and India ($530k).

In 2022, Turkey imported $666M in Pig Iron, mainly from Russia ($457M), Brazil ($134M), Ukraine ($52.4M), South Africa ($14.2M), and Germany ($5.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Mexico$4.99M (1%)
Bulgaria$3.71M (13.5k%)
Tunisia$394k (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY Turkey WERE (2021 - 2022):
Pakistan-$390k (-32.6%)
Germany-$152k (-99.5%)
Morocco-$110k (-44.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Pig Iron were:
In 2022, Turkey's main importing competitors in Pig Iron were:

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Trade Value of Pig Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $402k
TOP IMPORT POTENTIALUkraine+ $6.17M

Pig Iron’s highest export potential is India. With an export gap of $402k.   Pig Iron’s highest import potential is Ukraine with an import gap of $6.17M.

See methodology.

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