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2022
Exports $1.58MWorld Rnk 48 / 84
Flag Rnk 996 / 1213
2022
Destination $1.5M Bulgaria
2021 - 2022
FASTEST GROWING MARKET $1.5MBulgaria
2022
PRODUCT COMPLEXITY IN Scrap Vessels-1.24Rnk 890 / 1025
2022
Imports $152MWorld Rnk 4 / 100
Flag Rnk 291 / 1211
2022
Origin $13.8M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $13.8MBahamas
2022
ECONOMIC COMPLEXITY of Turkey0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $1.58M in Scrap Vessels, making it the 48th largest exporter of Scrap Vessels in the world. At the same year, Scrap Vessels was the 996th most exported product in Turkey. The main destination of Scrap Vessels exports from Turkey are: Bulgaria ($1.5M), Azerbaijan ($75.3k), and Montenegro ($444).

The fastest growing export markets for Scrap Vessels of Turkey between 2021 and 2022 were Bulgaria ($1.5M), Azerbaijan ($75.3k), and Montenegro ($444).

Imports In 2022, Turkey imported $152M in Scrap Vessels, becoming the 4th largest importer of Scrap Vessels in the world. At the same year, Scrap Vessels was the 291st most imported product in Turkey. Turkey imports Scrap Vessels primarily from: South Korea ($31.9M), Japan ($20.1M), Panama ($16.5M), Comoros ($15.1M), and Bahamas ($13.8M).

The fastest growing import markets in Scrap Vessels for Turkey between 2021 and 2022 were Bahamas ($13.8M), Panama ($9.52M), and Comoros ($9.41M).

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 Scrap Vessels. 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)$1.58M
IMPORTS (2022)$152M
NET TRADE (2022)-$150M

In 2022, Turkey exported $1.58M in Scrap Vessels. The main destinations of Turkey exports on Scrap Vessels were Bulgaria ($1.5M), Azerbaijan ($75.3k), and Montenegro ($444).

In 2022, Turkey imported $152M in Scrap Vessels, mainly from South Korea ($31.9M), Japan ($20.1M), Panama ($16.5M), Comoros ($15.1M), and Bahamas ($13.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Vessels EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Bulgaria$1.5M (1%)
Azerbaijan$75.3k (1%)
Montenegro$444 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Vessels BY Turkey WERE (2021 - 2022):
India-$985k (-100%)
Russia-$791 (-100%)
Ireland-$613 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Scrap Vessels were:
Thailand $271M
South Korea $195M
Japan $175M
In 2022, Turkey's main importing competitors in Scrap Vessels were:
India $713M
Thailand $257M
Pakistan $240M

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Trade Value of Scrap Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.63k
TOP IMPORT POTENTIALUkraine+ $638k

Scrap Vessels’s highest export potential is India. With an export gap of $2.63k.   Scrap Vessels’s highest import potential is Ukraine with an import gap of $638k.

See methodology.

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