2022
Exports
$152MWorld Rnk 11 / 186
Flag Rnk 303 / 1213
2022
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils
-0.9Rnk 810 / 1025
2022
Imports
$35.6MWorld Rnk 37 / 221
Flag Rnk 576 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $152M in Other Pure Vegetable Oils, making it the 11th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 303rd most exported product in Turkey. The main destination of Other Pure Vegetable Oils exports from Turkey are: Libya ($66.3M), United States ($17.7M), Azerbaijan ($14.5M), Israel ($12.2M), and United Arab Emirates ($8.45M).

The fastest growing export markets for Other Pure Vegetable Oils of Turkey between 2021 and 2022 were United States ($12.1M), Azerbaijan ($11.2M), and United Arab Emirates ($3.59M).

Imports In 2022, Turkey imported $35.6M in Other Pure Vegetable Oils, becoming the 37th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 576th most imported product in Turkey. Turkey imports Other Pure Vegetable Oils primarily from: India ($21.9M), Denmark ($4.86M), Ukraine ($3.04M), Russia ($857k), and Sweden ($841k).

The fastest growing import markets in Other Pure Vegetable Oils for Turkey between 2021 and 2022 were India ($8.74M), Denmark ($817k), and Tanzania ($200k).

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 Other Pure Vegetable 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)$152M
IMPORTS (2022)$35.6M
NET TRADE (2022)$116M

In 2022, Turkey exported $152M in Other Pure Vegetable Oils. The main destinations of Turkey exports on Other Pure Vegetable Oils were Libya ($66.3M), United States ($17.7M), Azerbaijan ($14.5M), Israel ($12.2M), and United Arab Emirates ($8.45M).

In 2022, Turkey imported $35.6M in Other Pure Vegetable Oils, mainly from India ($21.9M), Denmark ($4.86M), Ukraine ($3.04M), Russia ($857k), and Sweden ($841k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
United States$12.1M (216%)
Azerbaijan$11.2M (334%)
United Arab Emirates$3.59M (73.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Turkey WERE (2021 - 2022):
Georgia-$18.6M (-96%)
Iran-$3.29M (-57%)
Libya-$2.36M (-3.44%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7M
TOP IMPORT POTENTIALIndia+ $4.23M

Other Pure Vegetable Oils’s highest export potential is United States. With an export gap of $7M.   Other Pure Vegetable Oils’s highest import potential is India with an import gap of $4.23M.

See methodology.

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