2023
Exports
$18.8BWorld Rnk 17 / 221
Flag Rnk 3 / 96
2023
PRODUCT COMPLEXITY IN Precious stones, metals, & pearls
0.86Rnk 225 / 1025
2023
Imports
$35BWorld Rnk 8 / 223
Flag Rnk 3 / 96
2023
ECONOMIC COMPLEXITY of Turkey
0.62Rnk 41 / 132

About

Exports In 2023, Turkey exported $18.8B in Precious stones, metals, & pearls, making it the 17th largest exporter of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 3rd most exported product in Turkey. The main destination of Precious stones, metals, & pearls exports from Turkey are: United Arab Emirates ($11.5B), Iraq ($1.58B), United States ($1.21B), Hong Kong ($556M), and Libya ($392M).

The fastest growing export markets for Precious stones, metals, & pearls of Turkey between 2022 and 2023 were United Arab Emirates ($6.23B), Switzerland ($262M), and United Kingdom ($98M).

Imports In 2023, Turkey imported $35B in Precious stones, metals, & pearls, becoming the 8th largest importer of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 3rd most imported product in Turkey. Turkey imports Precious stones, metals, & pearls primarily from: Switzerland ($17.2B), United Arab Emirates ($11.7B), Italy ($1.34B), Hong Kong ($646M), and Ghana ($492M).

The fastest growing import markets in Precious stones, metals, & pearls for Turkey between 2022 and 2023 were United Arab Emirates ($8.19B), Switzerland ($4.09B), and Hong Kong ($584M).

COMPANIES In 2023, leading companies such as Emser Tile (1) were at the forefront of shipping Precious stones, metals, & pearls from Turkey to the United States.

Latest Trends

Dec 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 Precious stones, metals, & pearls. 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 (2023)$18.8B
IMPORTS (2023)$35B
NET TRADE (2023)-$16.2B

In 2023, Turkey exported $18.8B in Precious stones, metals, & pearls. The main destinations of Turkey exports on Precious stones, metals, & pearls were United Arab Emirates ($11.5B), Iraq ($1.58B), United States ($1.21B), Hong Kong ($556M), and Libya ($392M).

In 2023, Turkey imported $35B in Precious stones, metals, & pearls, mainly from Switzerland ($17.2B), United Arab Emirates ($11.7B), Italy ($1.34B), Hong Kong ($646M), and Ghana ($492M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious stones, metals, & pearls EXPORT MARKETS FOR Turkey WERE (2022 - 2023):
Switzerland$262M (203%)
United Kingdom$98M (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious stones, metals, & pearls BY Turkey WERE (2022 - 2023):
United States-$208M (-14.7%)
Iraq-$140M (-8.16%)
Lebanon-$111M (-86.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Turkey's main exporting competitors in Precious stones, metals, & pearls were:
In 2023, Turkey's main importing competitors in Precious stones, metals, & pearls were:

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Trade Value of Precious stones, metals, & pearls by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $212M
TOP IMPORT POTENTIALUnited States+ $367M

Precious stones, metals, & pearls’s highest export potential is United States. With an export gap of $212M.   Precious stones, metals, & pearls’s highest import potential is United States with an import gap of $367M.

See methodology.

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