2022
Exports
$163MWorld Rnk 26 / 145
Flag Rnk 291 / 1213
2022
PRODUCT COMPLEXITY IN Synthetic Rubber
0.49Rnk 369 / 1025
2022
Imports
$998MWorld Rnk 7 / 209
Flag Rnk 64 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $163M in Synthetic Rubber, making it the 26th largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 291st most exported product in Turkey. The main destination of Synthetic Rubber exports from Turkey are: Brazil ($21.5M), Germany ($12.1M), Mexico ($10.1M), Italy ($9.75M), and Iran ($9.1M).

The fastest growing export markets for Synthetic Rubber of Turkey between 2021 and 2022 were Brazil ($21.4M), Mexico ($9.92M), and Romania ($8.12M).

Imports In 2022, Turkey imported $998M in Synthetic Rubber, becoming the 7th largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 64th most imported product in Turkey. Turkey imports Synthetic Rubber primarily from: Russia ($197M), South Korea ($93.9M), Netherlands ($67.9M), Chinese Taipei ($65.9M), and Germany ($63.8M).

The fastest growing import markets in Synthetic Rubber for Turkey between 2021 and 2022 were Russia ($42M), Belgium ($30.3M), and Saudi Arabia ($28.1M).

COMPANIES In 2023, leading companies such as Pirelli Tires (21) were at the forefront of shipping Synthetic Rubber from Turkey to the United States.

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 Synthetic Rubber. 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)$163M
IMPORTS (2022)$998M
NET TRADE (2022)-$836M

In 2022, Turkey exported $163M in Synthetic Rubber. The main destinations of Turkey exports on Synthetic Rubber were Brazil ($21.5M), Germany ($12.1M), Mexico ($10.1M), Italy ($9.75M), and Iran ($9.1M).

In 2022, Turkey imported $998M in Synthetic Rubber, mainly from Russia ($197M), South Korea ($93.9M), Netherlands ($67.9M), Chinese Taipei ($65.9M), and Germany ($63.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Brazil$21.4M (34k%)
Mexico$9.92M (6.14k%)
Romania$8.12M (1.04k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Turkey WERE (2021 - 2022):
Ukraine-$3.99M (-91.6%)
Hong Kong-$2M (-91.5%)
Sri Lanka-$1.47M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Synthetic Rubber were:
In 2022, Turkey's main importing competitors in Synthetic Rubber were:

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.2M
TOP IMPORT POTENTIALChina+ $24.6M

Synthetic Rubber’s highest export potential is China. With an export gap of $10.2M.   Synthetic Rubber’s highest import potential is China with an import gap of $24.6M.

See methodology.

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