2022
Exports
$25.6BWorld Rnk 38 / 220
Flag Rnk 5 / 21
2022
PRODUCT COMPLEXITY IN Mineral Products
0.48Rnk 371 / 1025
2022
Imports
$41.3BWorld Rnk 22 / 226
Flag Rnk 3 / 21
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $25.6B in Mineral Products, making it the 38th largest exporter of Mineral Products in the world. At the same year, Mineral Products was the 5th most exported product in Turkey. The main destination of Mineral Products exports from Turkey are: Romania ($2.04B), Netherlands ($1.85B), India ($1.73B), China ($1.61B), and United States ($1.38B).

The fastest growing export markets for Mineral Products of Turkey between 2021 and 2022 were Romania ($1.37B), India ($984M), and South Africa ($886M).

Imports In 2022, Turkey imported $41.3B in Mineral Products, becoming the 22nd largest importer of Mineral Products in the world. At the same year, Mineral Products was the 3rd most imported product in Turkey. Turkey imports Mineral Products primarily from: Russia ($10.1B), United States ($3.9B), Kazakhstan ($3.51B), India ($3.46B), and Azerbaijan ($3B).

The fastest growing import markets in Mineral Products for Turkey between 2021 and 2022 were Russia ($2.99B), India ($1.78B), and Kazakhstan ($1.47B).

COMPANIES In 2023, leading companies such as The Tile Shop (50), Electrolux (20), and RHI Magnesita (18) were at the forefront of shipping Mineral Products from Turkey to the United States.

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 Mineral Products. 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)$25.6B
IMPORTS (2022)$41.3B
NET TRADE (2022)-$15.7B

In 2022, Turkey exported $25.6B in Mineral Products. The main destinations of Turkey exports on Mineral Products were Romania ($2.04B), Netherlands ($1.85B), India ($1.73B), China ($1.61B), and United States ($1.38B).

In 2022, Turkey imported $41.3B in Mineral Products, mainly from Russia ($10.1B), United States ($3.9B), Kazakhstan ($3.51B), India ($3.46B), and Azerbaijan ($3B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral Products EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Romania$1.37B (204%)
India$984M (132%)
South Africa$886M (401%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral Products BY Turkey WERE (2021 - 2022):
Greece-$207M (-28.6%)
Nigeria-$79.4M (-36.2%)
Iraq-$75.2M (-39.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Mineral Products were:
In 2022, Turkey's main importing competitors in Mineral Products were:

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Trade Value of Mineral Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $659M
TOP IMPORT POTENTIALIndia+ $1.08B

Mineral Products’s highest export potential is India. With an export gap of $659M.   Mineral Products’s highest import potential is India with an import gap of $1.08B.

See methodology.

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