2022
Exports
$31.4MWorld Rnk 20 / 97
Flag Rnk 587 / 1213
2022
PRODUCT COMPLEXITY IN Precious Metal Compounds
1.09Rnk 139 / 1025
2022
Imports
$75.1MWorld Rnk 28 / 184
Flag Rnk 440 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $31.4M in Precious Metal Compounds, making it the 20th largest exporter of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 587th most exported product in Turkey. The main destination of Precious Metal Compounds exports from Turkey are: Uzbekistan ($30M), Chinese Taipei ($288k), Iran ($268k), China ($174k), and Belarus ($133k).

The fastest growing export markets for Precious Metal Compounds of Turkey between 2021 and 2022 were Uzbekistan ($25.2M), Belarus ($133k), and Russia ($105k).

Imports In 2022, Turkey imported $75.1M in Precious Metal Compounds, becoming the 28th largest importer of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 440th most imported product in Turkey. Turkey imports Precious Metal Compounds primarily from: Ireland ($39.7M), Germany ($12.2M), India ($4.48M), Italy ($3.84M), and Belgium ($2.83M).

The fastest growing import markets in Precious Metal Compounds for Turkey between 2021 and 2022 were Ireland ($35.8M), India ($3.13M), and Argentina ($1.55M).

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 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 (2022)$31.4M
IMPORTS (2022)$75.1M
NET TRADE (2022)-$43.7M

In 2022, Turkey exported $31.4M in Precious Metal Compounds. The main destinations of Turkey exports on Precious Metal Compounds were Uzbekistan ($30M), Chinese Taipei ($288k), Iran ($268k), China ($174k), and Belarus ($133k).

In 2022, Turkey imported $75.1M in Precious Metal Compounds, mainly from Ireland ($39.7M), Germany ($12.2M), India ($4.48M), Italy ($3.84M), and Belgium ($2.83M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Compounds EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Uzbekistan$25.2M (532%)
Belarus$133k (1%)
Russia$105k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Compounds BY Turkey WERE (2021 - 2022):
Kyrgyzstan-$1.78M (-100%)
Iran-$1.19M (-81.6%)
Bulgaria-$541k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Precious Metal Compounds were:
In 2022, Turkey's main importing competitors in Precious Metal Compounds were:
India $1.47B
Czechia $1.07B

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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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