2023
Exports
$1.76MWorld Rnk 63 / 164
Flag Rnk 981 / 1215
2023
PRODUCT COMPLEXITY IN Precious Stones
-1.29Rnk 897 / 1025
2023
Imports
$6.37MWorld Rnk 34 / 184
Flag Rnk 895 / 1207
2023
ECONOMIC COMPLEXITY of Turkey
0.62Rnk 41 / 132

About

Exports In 2023, Turkey exported $1.76M in Precious Stones, making it the 63rd largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 981st most exported product in Turkey. The main destination of Precious Stones exports from Turkey are: United Arab Emirates ($277k), United States ($230k), Spain ($205k), India ($205k), and Hong Kong ($148k).

The fastest growing export markets for Precious Stones of Turkey between 2022 and 2023 were United Arab Emirates ($239k), Spain ($202k), and Germany ($78.7k).

Imports In 2023, Turkey imported $6.37M in Precious Stones, becoming the 34th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 895th most imported product in Turkey. Turkey imports Precious Stones primarily from: India ($2.1M), Thailand ($1.6M), China ($1.03M), Brazil ($477k), and Tanzania ($250k).

The fastest growing import markets in Precious Stones for Turkey between 2022 and 2023 were India ($539k), Tanzania ($139k), and China ($102k).

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. 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)$1.76M
IMPORTS (2023)$6.37M
NET TRADE (2023)-$4.61M

In 2023, Turkey exported $1.76M in Precious Stones. The main destinations of Turkey exports on Precious Stones were United Arab Emirates ($277k), United States ($230k), Spain ($205k), India ($205k), and Hong Kong ($148k).

In 2023, Turkey imported $6.37M in Precious Stones, mainly from India ($2.1M), Thailand ($1.6M), China ($1.03M), Brazil ($477k), and Tanzania ($250k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Turkey WERE (2022 - 2023):
Spain$202k (8.2k%)
Germany$78.7k (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Turkey WERE (2022 - 2023):
Hong Kong-$578k (-79.6%)
India-$363k (-63.9%)
United States-$250k (-52.1%)

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 were:
In 2023, Turkey's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $550k
TOP IMPORT POTENTIALIndia+ $977k

Precious Stones’s highest export potential is India. With an export gap of $550k.   Precious Stones’s highest import potential is India with an import gap of $977k.

See methodology.

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