2022
Exports
$532MWorld Rnk 9 / 124
Flag Rnk 124 / 1213
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.24Rnk 894 / 1025
2022
Imports
$713MWorld Rnk 15 / 174
Flag Rnk 83 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $532M in Soybean Meal, making it the 9th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 124th most exported product in Turkey. The main destination of Soybean Meal exports from Turkey are: Iraq ($342M), United States ($92.6M), Syria ($25.3M), Cyprus ($14.6M), and Egypt ($13.5M).

The fastest growing export markets for Soybean Meal of Turkey between 2021 and 2022 were Iraq ($147M), United States ($57.3M), and Egypt ($13.5M).

Imports In 2022, Turkey imported $713M in Soybean Meal, becoming the 15th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 83rd most imported product in Turkey. Turkey imports Soybean Meal primarily from: Argentina ($519M), Russia ($79.8M), Brazil ($35.9M), Bolivia ($28.1M), and Portugal ($17.8M).

The fastest growing import markets in Soybean Meal for Turkey between 2021 and 2022 were Argentina ($285M), Russia ($31M), and Bolivia ($18.4M).

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 Soybean Meal. 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)$532M
IMPORTS (2022)$713M
NET TRADE (2022)-$182M

In 2022, Turkey exported $532M in Soybean Meal. The main destinations of Turkey exports on Soybean Meal were Iraq ($342M), United States ($92.6M), Syria ($25.3M), Cyprus ($14.6M), and Egypt ($13.5M).

In 2022, Turkey imported $713M in Soybean Meal, mainly from Argentina ($519M), Russia ($79.8M), Brazil ($35.9M), Bolivia ($28.1M), and Portugal ($17.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Iraq$147M (75.3%)
United States$57.3M (162%)
Egypt$13.5M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Turkey WERE (2021 - 2022):
Iran-$41.3M (-99.5%)
Libya-$5.08M (-100%)
Qatar-$4.05M (-88.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Soybean Meal were:
In 2022, Turkey's main importing competitors in Soybean Meal were:

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEgypt+ $1.59M
TOP IMPORT POTENTIALBrazil+ $44.8M

Soybean Meal’s highest export potential is Egypt. With an export gap of $1.59M.   Soybean Meal’s highest import potential is Brazil with an import gap of $44.8M.

See methodology.

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