2023
Exports
$25.3MWorld Rnk 8 / 104
Flag Rnk 621 / 1215
2023
PRODUCT COMPLEXITY IN Wool
-2.02Rnk 1001 / 1025
2023
Imports
$6.38MWorld Rnk 22 / 132
Flag Rnk 894 / 1207
2023
ECONOMIC COMPLEXITY of Turkey
0.62Rnk 41 / 132

About

Exports In 2023, Turkey exported $25.3M in Wool, making it the 8th largest exporter of Wool in the world. At the same year, Wool was the 621st most exported product in Turkey. The main destination of Wool exports from Turkey are: India ($6.96M), China ($6.64M), United Kingdom ($5.3M), Poland ($2.11M), and Portugal ($1.56M).

The fastest growing export markets for Wool of Turkey between 2022 and 2023 were United Kingdom ($2.48M), India ($631k), and Poland ($610k).

Imports In 2023, Turkey imported $6.38M in Wool, becoming the 22nd largest importer of Wool in the world. At the same year, Wool was the 894th most imported product in Turkey. Turkey imports Wool primarily from: Australia ($2.39M), New Zealand ($1.22M), Romania ($1.15M), United Kingdom ($453k), and Greece ($313k).

The fastest growing import markets in Wool for Turkey between 2022 and 2023 were Australia ($354k), Greece ($164k), and Georgia ($119k).

Latest Trends

Jan 2025

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 Wool. 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)$25.3M
IMPORTS (2023)$6.38M
NET TRADE (2023)$18.9M

In 2023, Turkey exported $25.3M in Wool. The main destinations of Turkey exports on Wool were India ($6.96M), China ($6.64M), United Kingdom ($5.3M), Poland ($2.11M), and Portugal ($1.56M).

In 2023, Turkey imported $6.38M in Wool, mainly from Australia ($2.39M), New Zealand ($1.22M), Romania ($1.15M), United Kingdom ($453k), and Greece ($313k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Turkey WERE (2022 - 2023):
United Kingdom$2.48M (87.9%)
India$631k (9.97%)
Poland$610k (40.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Turkey WERE (2022 - 2023):
China-$2.27M (-25.5%)
Germany-$768k (-81.7%)
Italy-$310k (-94.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Turkey's main exporting competitors in Wool were:
In 2023, Turkey's main importing competitors in Wool were:
China $2.02B
India $255M
Italy $209M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.78M
TOP IMPORT POTENTIALAustralia+ $1.27M

Wool’s highest export potential is China. With an export gap of $3.78M.   Wool’s highest import potential is Australia with an import gap of $1.27M.

See methodology.

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