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2022
Exports $2.77BWorld Rnk 33 / 149
Flag Rnk 11 / 1213
2022
Destination $811M India
2021 - 2022
FASTEST GROWING MARKET $811MIndia
2022
PRODUCT COMPLEXITY IN Crude Petroleum-2.25Rnk 1011 / 1025
2022
Imports $4.58BWorld Rnk 33 / 158
Flag Rnk 9 / 1211
2022
Origin $1.23B Kazakhstan
2021 - 2022
FASTEST GROWING ORIGIN $1.23BKazakhstan
2022
ECONOMIC COMPLEXITY of Turkey0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $2.77B in Crude Petroleum, making it the 33rd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 11th most exported product in Turkey. The main destination of Crude Petroleum exports from Turkey are: India ($1.37B), Romania ($818M), United Kingdom ($322M), Tunisia ($105M), and Indonesia ($53.7M).

The fastest growing export markets for Crude Petroleum of Turkey between 2021 and 2022 were India ($811M), Romania ($426M), and United Kingdom ($277M).

Imports In 2022, Turkey imported $4.58B in Crude Petroleum, becoming the 33rd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 9th most imported product in Turkey. Turkey imports Crude Petroleum primarily from: Kazakhstan ($2.9B), Nigeria ($865M), Azerbaijan ($502M), Norway ($204M), and Tunisia ($62.3M).

The fastest growing import markets in Crude Petroleum for Turkey between 2021 and 2022 were Kazakhstan ($1.23B), Nigeria ($347M), and Azerbaijan ($171M).

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 Crude Petroleum. 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)$2.77B
IMPORTS (2022)$4.58B
NET TRADE (2022)-$1.81B

In 2022, Turkey exported $2.77B in Crude Petroleum. The main destinations of Turkey exports on Crude Petroleum were India ($1.37B), Romania ($818M), United Kingdom ($322M), Tunisia ($105M), and Indonesia ($53.7M).

In 2022, Turkey imported $4.58B in Crude Petroleum, mainly from Kazakhstan ($2.9B), Nigeria ($865M), Azerbaijan ($502M), Norway ($204M), and Tunisia ($62.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
India$811M (146%)
Romania$426M (109%)
United Kingdom$277M (617%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Turkey WERE (2021 - 2022):
Italy-$76M (-64.5%)
France-$25.5M (-100%)
Belgium-$135k (-99.9%)
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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 Crude Petroleum were:
Saudi Arabia $236B
Russia $133B
Canada $123B
In 2022, Turkey's main importing competitors in Crude Petroleum were:
China $287B
United States $199B
India $170B

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $432M
TOP IMPORT POTENTIALAzerbaijan+ $433M

Crude Petroleum’s highest export potential is India. With an export gap of $432M.   Crude Petroleum’s highest import potential is Azerbaijan with an import gap of $433M.

See methodology.

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