2022
Exports
$45.9MWorld Rnk 24 / 196
Flag Rnk 517 / 1213
2022
PRODUCT COMPLEXITY IN Essential Oils
-1.09Rnk 855 / 1025
2022
Imports
$44.9MWorld Rnk 23 / 214
Flag Rnk 533 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $45.9M in Essential Oils, making it the 24th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 517th most exported product in Turkey. The main destination of Essential Oils exports from Turkey are: France ($26M), Germany ($2.91M), United States ($2.79M), United Kingdom ($2.46M), and Spain ($1.5M).

The fastest growing export markets for Essential Oils of Turkey between 2021 and 2022 were France ($7.23M), Netherlands ($682k), and Spain ($651k).

Imports In 2022, Turkey imported $44.9M in Essential Oils, becoming the 23rd largest importer of Essential Oils in the world. At the same year, Essential Oils was the 533rd most imported product in Turkey. Turkey imports Essential Oils primarily from: India ($9.66M), Germany ($6.62M), United States ($4.94M), France ($4.5M), and Spain ($4.32M).

The fastest growing import markets in Essential Oils for Turkey between 2021 and 2022 were India ($1.71M), United States ($918k), and Brazil ($661k).

Latest Trends

Jul 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 Essential Oils. 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)$45.9M
IMPORTS (2022)$44.9M
NET TRADE (2022)$1.02M

In 2022, Turkey exported $45.9M in Essential Oils. The main destinations of Turkey exports on Essential Oils were France ($26M), Germany ($2.91M), United States ($2.79M), United Kingdom ($2.46M), and Spain ($1.5M).

In 2022, Turkey imported $44.9M in Essential Oils, mainly from India ($9.66M), Germany ($6.62M), United States ($4.94M), France ($4.5M), and Spain ($4.32M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
France$7.23M (38.5%)
Netherlands$682k (140%)
Spain$651k (76.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Turkey WERE (2021 - 2022):
United States-$1.3M (-31.8%)
South Korea-$673k (-55.4%)
Ireland-$360k (-98.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Essential Oils were:
In 2022, Turkey's main importing competitors in Essential Oils were:

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3M
TOP IMPORT POTENTIALIndia+ $4.66M

Essential Oils’s highest export potential is United States. With an export gap of $3M.   Essential Oils’s highest import potential is India with an import gap of $4.66M.

See methodology.

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