2023
Exports
$29.6MWorld Rnk 22 / 98
Flag Rnk 588 / 1215
2023
PRODUCT COMPLEXITY IN Precious Metal Compounds
0.8Rnk 254 / 1025
2023
Imports
$55.2MWorld Rnk 29 / 184
Flag Rnk 492 / 1207
2023
ECONOMIC COMPLEXITY of Turkey
0.62Rnk 41 / 132

About

Exports In 2023, Turkey exported $29.6M in Precious Metal Compounds, making it the 22nd largest exporter of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 588th most exported product in Turkey. The main destination of Precious Metal Compounds exports from Turkey are: Uzbekistan ($20.5M), Kyrgyzstan ($6.12M), India ($810k), Kazakhstan ($480k), and Chinese Taipei ($464k).

The fastest growing export markets for Precious Metal Compounds of Turkey between 2022 and 2023 were Uzbekistan ($13.3M), Kyrgyzstan ($6.12M), and India ($808k).

Imports In 2023, Turkey imported $55.2M in Precious Metal Compounds, becoming the 29th largest importer of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 492nd most imported product in Turkey. Turkey imports Precious Metal Compounds primarily from: Ireland ($34.4M), Germany ($5.82M), Italy ($3.11M), China ($2.62M), and United States ($1.99M).

The fastest growing import markets in Precious Metal Compounds for Turkey between 2022 and 2023 were United States ($1.3M), Finland ($470k), and Croatia ($403k).

Latest Trends

Dec 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 Precious Metal Compounds. 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 (2023)$29.6M
IMPORTS (2023)$55.2M
NET TRADE (2023)-$25.6M

In 2023, Turkey exported $29.6M in Precious Metal Compounds. The main destinations of Turkey exports on Precious Metal Compounds were Uzbekistan ($20.5M), Kyrgyzstan ($6.12M), India ($810k), Kazakhstan ($480k), and Chinese Taipei ($464k).

In 2023, Turkey imported $55.2M in Precious Metal Compounds, mainly from Ireland ($34.4M), Germany ($5.82M), Italy ($3.11M), China ($2.62M), and United States ($1.99M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Compounds EXPORT MARKETS FOR Turkey WERE (2022 - 2023):
Uzbekistan$13.3M (183%)
Kyrgyzstan$6.12M (1%)
India$808k (38.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Compounds BY Turkey WERE (2022 - 2023):
Iran-$7.44M (-98.3%)
Indonesia-$127k (-100%)
China-$111k (-62.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Turkey's main exporting competitors in Precious Metal Compounds were:
In 2023, Turkey's main importing competitors in Precious Metal Compounds were:

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Trade Value of Precious Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $514k
TOP IMPORT POTENTIALGermany+ $6.85M

Precious Metal Compounds’s highest export potential is China. With an export gap of $514k.   Precious Metal Compounds’s highest import potential is Germany with an import gap of $6.85M.

See methodology.

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