2023
Exports
$2.22BWorld Rnk 8 / 198
Flag Rnk 26 / 96
2023
PRODUCT COMPLEXITY IN Cotton
-0.51Rnk 708 / 1025
2023
Imports
$2.76BWorld Rnk 4 / 218
Flag Rnk 20 / 96
2023
ECONOMIC COMPLEXITY of Turkey
0.62Rnk 41 / 132

About

Exports In 2023, Turkey exported $2.22B in Cotton, making it the 8th largest exporter of Cotton in the world. At the same year, Cotton was the 26th most exported product in Turkey. The main destination of Cotton exports from Turkey are: Italy ($221M), Morocco ($177M), Egypt ($149M), China ($138M), and Germany ($135M).

The fastest growing export markets for Cotton of Turkey between 2022 and 2023 were Vietnam ($96M), China ($95.2M), and Bangladesh ($28.4M).

Imports In 2023, Turkey imported $2.76B in Cotton, becoming the 4th largest importer of Cotton in the world. At the same year, Cotton was the 20th most imported product in Turkey. Turkey imports Cotton primarily from: United States ($701M), Uzbekistan ($382M), Brazil ($281M), Greece ($218M), and India ($171M).

The fastest growing import markets in Cotton for Turkey between 2022 and 2023 were Kazakhstan ($20.1M), Syria ($12.9M), and Cameroon ($9.55M).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (27), IKEA Group (4), and CNH Industrial (3) were at the forefront of shipping Cotton from Turkey to the United States.

Latest Trends

Dec 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 Cotton. 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)$2.22B
IMPORTS (2023)$2.76B
NET TRADE (2023)-$541M

In 2023, Turkey exported $2.22B in Cotton. The main destinations of Turkey exports on Cotton were Italy ($221M), Morocco ($177M), Egypt ($149M), China ($138M), and Germany ($135M).

In 2023, Turkey imported $2.76B in Cotton, mainly from United States ($701M), Uzbekistan ($382M), Brazil ($281M), Greece ($218M), and India ($171M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cotton EXPORT MARKETS FOR Turkey WERE (2022 - 2023):
Vietnam$96M (339%)
China$95.2M (221%)
Bangladesh$28.4M (29%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton BY Turkey WERE (2022 - 2023):
Italy-$94.9M (-30.1%)
Portugal-$70.7M (-42.9%)
Tunisia-$41.4M (-23.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Turkey's main exporting competitors in Cotton were:
In 2023, Turkey's main importing competitors in Cotton were:

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Trade Value of Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $39.3M
TOP IMPORT POTENTIALIndia+ $62.3M

Cotton’s highest export potential is China. With an export gap of $39.3M.   Cotton’s highest import potential is India with an import gap of $62.3M.

See methodology.

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