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2022
Exports $271MWorld Rnk 1 / 70
Flag Rnk 212 / 1213
2022
Destination $22.9M China
2021 - 2022
FASTEST GROWING MARKET $22.9MChina
2022
Imports $122kWorld Rnk 68 / 128
Flag Rnk 1166 / 1211
2022
Origin $109k United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $109kUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Turkey0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $271M in Borax, making it the 1st largest exporter of Borax in the world. At the same year, Borax was the 212th most exported product in Turkey. The main destination of Borax exports from Turkey are: China ($112M), India ($22.5M), Malaysia ($18M), United States ($16.4M), and Russia ($13M).

The fastest growing export markets for Borax of Turkey between 2021 and 2022 were China ($22.9M), Malaysia ($9.54M), and Russia ($5.85M).

Imports In 2022, Turkey imported $122k in Borax, becoming the 68th largest importer of Borax in the world. At the same year, Borax was the 1166th most imported product in Turkey. Turkey imports Borax primarily from: United Arab Emirates ($109k), Czechia ($13.2k), Germany ($44), and Belgium ($5).

The fastest growing import markets in Borax for Turkey between 2021 and 2022 were United Arab Emirates ($109k), Czechia ($13.2k), and Germany ($44).

Latest Trends

Sep 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 Borax. 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)$271M
IMPORTS (2022)$122k
NET TRADE (2022)$271M

In 2022, Turkey exported $271M in Borax. The main destinations of Turkey exports on Borax were China ($112M), India ($22.5M), Malaysia ($18M), United States ($16.4M), and Russia ($13M).

In 2022, Turkey imported $122k in Borax, mainly from United Arab Emirates ($109k), Czechia ($13.2k), Germany ($44), and Belgium ($5).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Borax EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
China$22.9M (25.7%)
Malaysia$9.54M (113%)
Russia$5.85M (81.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Borax BY Turkey WERE (2021 - 2022):
Austria-$7.09M (-66.5%)
Romania-$2.82M (-26.2%)
Brazil-$2.38M (-77.8%)
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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 Borax were:
Bolivia $80.1M
Argentina $24.4M
In 2022, Turkey's main importing competitors in Borax were:
China $121M
Brazil $70.4M
India $25.3M

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Trade Value of Borax by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $737k
TOP IMPORT POTENTIALBolivia+ $951

Borax’s highest export potential is Brazil. With an export gap of $737k.   Borax’s highest import potential is Bolivia with an import gap of $951.

See methodology.

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