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2022
Exports $141kWorld Rnk 31 / 99
Flag Rnk 1148 / 1213
2022
Destination $107k Belgium
2021 - 2022
FASTEST GROWING MARKET $107kBelgium
2022
PRODUCT COMPLEXITY IN Ground Nut Oil-1.93Rnk 993 / 1025
2022
Imports $365kWorld Rnk 33 / 185
Flag Rnk 1132 / 1211
2022
Origin $72.8k Belgium
2021 - 2022
FASTEST GROWING ORIGIN $72.8kBelgium
2022
ECONOMIC COMPLEXITY of Turkey0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $141k in Ground Nut Oil, making it the 31st largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1148th most exported product in Turkey. The main destination of Ground Nut Oil exports from Turkey are: Belgium ($107k), France ($29.4k), United Arab Emirates ($3.3k), Poland ($813), and Netherlands ($509).

The fastest growing export markets for Ground Nut Oil of Turkey between 2021 and 2022 were Belgium ($107k), France ($29.4k), and United Arab Emirates ($3.3k).

Imports In 2022, Turkey imported $365k in Ground Nut Oil, becoming the 33rd largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1132nd most imported product in Turkey. Turkey imports Ground Nut Oil primarily from: Belgium ($176k), Germany ($161k), France ($23.8k), Switzerland ($2k), and Netherlands ($1.59k).

The fastest growing import markets in Ground Nut Oil for Turkey between 2021 and 2022 were Belgium ($72.8k), Germany ($26.6k), and France ($20.2k).

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 Ground Nut 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)$141k
IMPORTS (2022)$365k
NET TRADE (2022)-$223k

In 2022, Turkey exported $141k in Ground Nut Oil. The main destinations of Turkey exports on Ground Nut Oil were Belgium ($107k), France ($29.4k), United Arab Emirates ($3.3k), Poland ($813), and Netherlands ($509).

In 2022, Turkey imported $365k in Ground Nut Oil, mainly from Belgium ($176k), Germany ($161k), France ($23.8k), Switzerland ($2k), and Netherlands ($1.59k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Belgium$107k (1%)
France$29.4k (1%)
United Arab Emirates$3.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Turkey WERE (2021 - 2022):
Iraq-$3.59k (-100%)
United Kingdom-$1.44k (-100%)
Burkina Faso-$1.09k (-100%)
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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 Ground Nut Oil were:
Brazil $277M
India $156M
Argentina $128M
In 2022, Turkey's main importing competitors in Ground Nut Oil were:
China $475M
Italy $65.8M
United States $54.3M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $16.7k
TOP IMPORT POTENTIALFrance+ $15.3k

Ground Nut Oil’s highest export potential is France. With an export gap of $16.7k.   Ground Nut Oil’s highest import potential is France with an import gap of $15.3k.

See methodology.

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