2022
Exports
$1.9MWorld Rnk 57 / 162
Flag Rnk 971 / 1213
2022
PRODUCT COMPLEXITY IN Precious Stones
-1.14Rnk 866 / 1025
2022
Imports
$6.28MWorld Rnk 35 / 185
Flag Rnk 889 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $1.9M in Precious Stones, making it the 57th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 971st most exported product in Turkey. The main destination of Precious Stones exports from Turkey are: India ($538k), United States ($281k), Hong Kong ($175k), Thailand ($155k), and Italy ($105k).

The fastest growing export markets for Precious Stones of Turkey between 2021 and 2022 were India ($520k), Hong Kong ($122k), and Thailand ($95.7k).

Imports In 2022, Turkey imported $6.28M in Precious Stones, becoming the 35th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 889th most imported product in Turkey. Turkey imports Precious Stones primarily from: Thailand ($2.68M), India ($1.14M), China ($529k), Brazil ($466k), and United States ($343k).

The fastest growing import markets in Precious Stones for Turkey between 2021 and 2022 were Thailand ($953k), Brazil ($401k), and United States ($291k).

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 Stones. 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)$1.9M
IMPORTS (2022)$6.28M
NET TRADE (2022)-$4.38M

In 2022, Turkey exported $1.9M in Precious Stones. The main destinations of Turkey exports on Precious Stones were India ($538k), United States ($281k), Hong Kong ($175k), Thailand ($155k), and Italy ($105k).

In 2022, Turkey imported $6.28M in Precious Stones, mainly from Thailand ($2.68M), India ($1.14M), China ($529k), Brazil ($466k), and United States ($343k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
India$520k (2.95k%)
Hong Kong$122k (228%)
Thailand$95.7k (162%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Turkey WERE (2021 - 2022):
Switzerland-$44.5k (-69.3%)
Australia-$36.4k (-48.1%)
Denmark-$34.6k (-82.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Precious Stones were:
In 2022, Turkey's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $550k
TOP IMPORT POTENTIALIndia+ $977k

Precious Stones’s highest export potential is India. With an export gap of $550k.   Precious Stones’s highest import potential is India with an import gap of $977k.

See methodology.

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