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2022
Exports $82.3MWorld Rnk 20 / 139
Flag Rnk 407 / 1213
2022
Destination $28M United States
2021 - 2022
FASTEST GROWING MARKET $28MUnited States
2022
PRODUCT COMPLEXITY IN Soybeans-1.62Rnk 963 / 1025
2022
Imports $1.59BWorld Rnk 12 / 200
Flag Rnk 36 / 1211
2022
Origin $109M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $109MUkraine
2022
ECONOMIC COMPLEXITY of Turkey0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $82.3M in Soybeans, making it the 20th largest exporter of Soybeans in the world. At the same year, Soybeans was the 407th most exported product in Turkey. The main destination of Soybeans exports from Turkey are: United States ($71.8M), Georgia ($3.97M), Canada ($2.9M), Cyprus ($1.55M), and Turkmenistan ($640k).

The fastest growing export markets for Soybeans of Turkey between 2021 and 2022 were United States ($28M), Georgia ($3.97M), and Turkmenistan ($640k).

Imports In 2022, Turkey imported $1.59B in Soybeans, becoming the 12th largest importer of Soybeans in the world. At the same year, Soybeans was the 36th most imported product in Turkey. Turkey imports Soybeans primarily from: Brazil ($1.11B), Ukraine ($278M), United States ($127M), Argentina ($29.9M), and Romania ($10.9M).

The fastest growing import markets in Soybeans for Turkey between 2021 and 2022 were Ukraine ($109M), Brazil ($96.3M), and Argentina ($29.9M).

Latest Trends

Jul 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 Soybeans. 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)$82.3M
IMPORTS (2022)$1.59B
NET TRADE (2022)-$1.51B

In 2022, Turkey exported $82.3M in Soybeans. The main destinations of Turkey exports on Soybeans were United States ($71.8M), Georgia ($3.97M), Canada ($2.9M), Cyprus ($1.55M), and Turkmenistan ($640k).

In 2022, Turkey imported $1.59B in Soybeans, mainly from Brazil ($1.11B), Ukraine ($278M), United States ($127M), Argentina ($29.9M), and Romania ($10.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
United States$28M (63.9%)
Georgia$3.97M (1%)
Turkmenistan$640k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Turkey WERE (2021 - 2022):
Azerbaijan-$6.44M (-95.8%)
Spain-$3.2M (-100%)
Iran-$2.24M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Soybeans were:
Brazil $47.2B
United States $34.6B
Argentina $3.25B
In 2022, Turkey's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $1.07M
TOP IMPORT POTENTIALUnited States+ $87.7M

Soybeans’s highest export potential is Canada. With an export gap of $1.07M.   Soybeans’s highest import potential is United States with an import gap of $87.7M.

See methodology.

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