2022
Exports
$21.4MWorld Rnk 24 / 154
Flag Rnk 654 / 1213
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$193MWorld Rnk 10 / 212
Flag Rnk 264 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $21.4M in Coconut Oil, making it the 24th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 654th most exported product in Turkey. The main destination of Coconut Oil exports from Turkey are: Russia ($11.2M), Georgia ($8M), Ukraine ($929k), Greece ($905k), and South Africa ($182k).

The fastest growing export markets for Coconut Oil of Turkey between 2021 and 2022 were Russia ($7.17M), Georgia ($6.04M), and Ukraine ($929k).

Imports In 2022, Turkey imported $193M in Coconut Oil, becoming the 10th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 264th most imported product in Turkey. Turkey imports Coconut Oil primarily from: Malaysia ($157M), Indonesia ($29.8M), France ($4.67M), Sri Lanka ($682k), and Germany ($240k).

The fastest growing import markets in Coconut Oil for Turkey between 2021 and 2022 were Malaysia ($35.3M), Indonesia ($21.6M), and France ($948k).

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 Coconut Oil. 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)$21.4M
IMPORTS (2022)$193M
NET TRADE (2022)-$171M

In 2022, Turkey exported $21.4M in Coconut Oil. The main destinations of Turkey exports on Coconut Oil were Russia ($11.2M), Georgia ($8M), Ukraine ($929k), Greece ($905k), and South Africa ($182k).

In 2022, Turkey imported $193M in Coconut Oil, mainly from Malaysia ($157M), Indonesia ($29.8M), France ($4.67M), Sri Lanka ($682k), and Germany ($240k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$7.17M (180%)
Georgia$6.04M (307%)
Ukraine$929k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Turkey WERE (2021 - 2022):
Iran-$307k (-100%)
Sri Lanka-$41.4k (-100%)
Iraq-$40.8k (-77.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Coconut Oil were:
In 2022, Turkey's main importing competitors in Coconut Oil were:

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGreece+ $442k
TOP IMPORT POTENTIALIndonesia+ $16.3M

Coconut Oil’s highest export potential is Greece. With an export gap of $442k.   Coconut Oil’s highest import potential is Indonesia with an import gap of $16.3M.

See methodology.

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