2022
Exports
$255MWorld Rnk 36 / 140
Flag Rnk 222 / 1213
2022
PRODUCT COMPLEXITY IN Refined Copper
-1.43Rnk 938 / 1025
2022
Imports
$3BWorld Rnk 9 / 184
Flag Rnk 15 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $255M in Refined Copper, making it the 36th largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 222nd most exported product in Turkey. The main destination of Refined Copper exports from Turkey are: China ($128M), Italy ($79.4M), Bulgaria ($16.6M), Spain ($9.35M), and Germany ($5.4M).

The fastest growing export markets for Refined Copper of Turkey between 2021 and 2022 were Bulgaria ($9.36M), Italy ($7.69M), and Spain ($5.8M).

Imports In 2022, Turkey imported $3B in Refined Copper, becoming the 9th largest importer of Refined Copper in the world. At the same year, Refined Copper was the 15th most imported product in Turkey. Turkey imports Refined Copper primarily from: Russia ($900M), Kazakhstan ($606M), Bulgaria ($561M), Iran ($247M), and Uzbekistan ($245M).

The fastest growing import markets in Refined Copper for Turkey between 2021 and 2022 were Russia ($489M), Germany ($136M), and Spain ($43.9M).

Latest Trends

Sep 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 Refined Copper. 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)$255M
IMPORTS (2022)$3B
NET TRADE (2022)-$2.74B

In 2022, Turkey exported $255M in Refined Copper. The main destinations of Turkey exports on Refined Copper were China ($128M), Italy ($79.4M), Bulgaria ($16.6M), Spain ($9.35M), and Germany ($5.4M).

In 2022, Turkey imported $3B in Refined Copper, mainly from Russia ($900M), Kazakhstan ($606M), Bulgaria ($561M), Iran ($247M), and Uzbekistan ($245M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Bulgaria$9.36M (130%)
Italy$7.69M (10.7%)
Spain$5.8M (163%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Turkey WERE (2021 - 2022):
China-$39.2M (-23.4%)
Hong Kong-$5.78M (-100%)
Turkmenistan-$3.47M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Refined Copper were:
In 2022, Turkey's main importing competitors in Refined Copper were:

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $54M
TOP IMPORT POTENTIALIran+ $71.2M

Refined Copper’s highest export potential is China. With an export gap of $54M.   Refined Copper’s highest import potential is Iran with an import gap of $71.2M.

See methodology.

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