2023
Exports
$545MWorld Rnk 5 / 134
Flag Rnk 125 / 1215
2023
PRODUCT COMPLEXITY IN Raw Cotton
-2.55Rnk 1021 / 1025
2023
Imports
$1.63BWorld Rnk 4 / 179
Flag Rnk 38 / 1207
2023
ECONOMIC COMPLEXITY of Turkey
0.62Rnk 41 / 132

About

Exports In 2023, Turkey exported $545M in Raw Cotton, making it the 5th largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 125th most exported product in Turkey. The main destination of Raw Cotton exports from Turkey are: China ($117M), Vietnam ($96.6M), Bangladesh ($93.6M), Pakistan ($48.1M), and Iran ($39.8M).

The fastest growing export markets for Raw Cotton of Turkey between 2022 and 2023 were Vietnam ($90.2M), China ($89.6M), and Bangladesh ($41M).

Imports In 2023, Turkey imported $1.63B in Raw Cotton, becoming the 4th largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 38th most imported product in Turkey. Turkey imports Raw Cotton primarily from: United States ($700M), Brazil ($281M), Greece ($217M), Azerbaijan ($89.4M), and Australia ($74.6M).

The fastest growing import markets in Raw Cotton for Turkey between 2022 and 2023 were Kazakhstan ($24M), Syria ($12.9M), and Cameroon ($9.59M).

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 Raw Cotton. 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)$545M
IMPORTS (2023)$1.63B
NET TRADE (2023)-$1.08B

In 2023, Turkey exported $545M in Raw Cotton. The main destinations of Turkey exports on Raw Cotton were China ($117M), Vietnam ($96.6M), Bangladesh ($93.6M), Pakistan ($48.1M), and Iran ($39.8M).

In 2023, Turkey imported $1.63B in Raw Cotton, mainly from United States ($700M), Brazil ($281M), Greece ($217M), Azerbaijan ($89.4M), and Australia ($74.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR Turkey WERE (2022 - 2023):
Vietnam$90.2M (1.42k%)
China$89.6M (332%)
Bangladesh$41M (78%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY Turkey WERE (2022 - 2023):
Pakistan-$8.17M (-14.5%)
Greece-$6.58M (-79.7%)
Thailand-$5.33M (-81.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Turkey's main exporting competitors in Raw Cotton were:
In 2023, Turkey's main importing competitors in Raw Cotton were:

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Trade Value of Raw Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $25.1M
TOP IMPORT POTENTIALBurkina Faso+ $16.6M

Raw Cotton’s highest export potential is China. With an export gap of $25.1M.   Raw Cotton’s highest import potential is Burkina Faso with an import gap of $16.6M.

See methodology.

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