2022
Exports
$2.33BWorld Rnk 8 / 199
Flag Rnk 25 / 96
2022
PRODUCT COMPLEXITY IN Cotton
-0.55Rnk 715 / 1025
2022
Imports
$4.3BWorld Rnk 4 / 220
Flag Rnk 15 / 96
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $2.33B in Cotton, making it the 8th largest exporter of Cotton in the world. At the same year, Cotton was the 25th most exported product in Turkey. The main destination of Cotton exports from Turkey are: Italy ($314M), Egypt ($169M), Portugal ($159M), Pakistan ($154M), and Morocco ($148M).

The fastest growing export markets for Cotton of Turkey between 2021 and 2022 were Morocco ($62.7M), Iran ($33.1M), and Tunisia ($28M).

Imports In 2022, Turkey imported $4.3B in Cotton, becoming the 4th largest importer of Cotton in the world. At the same year, Cotton was the 15th most imported product in Turkey. Turkey imports Cotton primarily from: United States ($1.09B), Uzbekistan ($529M), Brazil ($472M), Greece ($336M), and Australia ($215M).

The fastest growing import markets in Cotton for Turkey between 2021 and 2022 were United States ($527M), Australia ($118M), and Sudan ($106M).

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

Oct 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 (2022)$2.33B
IMPORTS (2022)$4.3B
NET TRADE (2022)-$1.97B

In 2022, Turkey exported $2.33B in Cotton. The main destinations of Turkey exports on Cotton were Italy ($314M), Egypt ($169M), Portugal ($159M), Pakistan ($154M), and Morocco ($148M).

In 2022, Turkey imported $4.3B in Cotton, mainly from United States ($1.09B), Uzbekistan ($529M), Brazil ($472M), Greece ($336M), and Australia ($215M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cotton EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Morocco$62.7M (73.7%)
Iran$33.1M (121%)
Tunisia$28M (24.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton BY Turkey WERE (2021 - 2022):
Portugal-$45.5M (-22.3%)
Pakistan-$32.9M (-17.6%)
Bangladesh-$20.5M (-17.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Cotton were:
In 2022, 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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