2022
Exports
$22.7MWorld Rnk 33 / 153
Flag Rnk 646 / 1213
2022
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.26Rnk 899 / 1025
2022
Imports
$181MWorld Rnk 6 / 214
Flag Rnk 268 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $22.7M in Other Vegetable Oils, making it the 33rd largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 646th most exported product in Turkey. The main destination of Other Vegetable Oils exports from Turkey are: Russia ($5.04M), Afghanistan ($2.63M), Iran ($2.29M), Iraq ($1.95M), and United States ($1.06M).

The fastest growing export markets for Other Vegetable Oils of Turkey between 2021 and 2022 were Russia ($5.01M), Iraq ($1.07M), and Lebanon ($606k).

Imports In 2022, Turkey imported $181M in Other Vegetable Oils, becoming the 6th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 268th most imported product in Turkey. Turkey imports Other Vegetable Oils primarily from: Malaysia ($138M), Indonesia ($27.9M), India ($4.13M), France ($2.56M), and Germany ($1.94M).

The fastest growing import markets in Other Vegetable Oils for Turkey between 2021 and 2022 were Indonesia ($10.6M), France ($1.63M), and Azerbaijan ($798k).

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 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)$22.7M
IMPORTS (2022)$181M
NET TRADE (2022)-$158M

In 2022, Turkey exported $22.7M in Other Vegetable Oils. The main destinations of Turkey exports on Other Vegetable Oils were Russia ($5.04M), Afghanistan ($2.63M), Iran ($2.29M), Iraq ($1.95M), and United States ($1.06M).

In 2022, Turkey imported $181M in Other Vegetable Oils, mainly from Malaysia ($138M), Indonesia ($27.9M), India ($4.13M), France ($2.56M), and Germany ($1.94M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$5.01M (20.9k%)
Iraq$1.07M (123%)
Lebanon$606k (727%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Turkey WERE (2021 - 2022):
Iran-$571k (-19.9%)
Bulgaria-$218k (-30.7%)
Algeria-$197k (-91.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.15M
TOP IMPORT POTENTIALIndonesia+ $8.54M

Other Vegetable Oils’s highest export potential is United States. With an export gap of $1.15M.   Other Vegetable Oils’s highest import potential is Indonesia with an import gap of $8.54M.

See methodology.

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