2022
Exports | Imports
$157k | $249MWorld Rnk 56 / 89
Flag Rnk 1145 / 1213
World Rnk 7 / 144
Flag Rnk 215 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.59Rnk 39 / 124
2022
PRODUCT COMPLEXITY IN Iron Reductions
-1.37Rnk 925 / 1025

About

Exports In 2022, Turkey exported $157k in Iron Reductions, making it the 56th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 1145th most exported product in Turkey. The main destination of Iron Reductions exports from Turkey are: Qatar ($95.1k), Iceland ($31.2k), Romania ($24.7k), United States ($2.88k), and Germany ($2.08k).

The fastest growing export markets for Iron Reductions of Turkey between 2021 and 2022 were Qatar ($95.1k), Iceland ($31.2k), and Romania ($24.7k).

Imports In 2022, Turkey imported $249M in Iron Reductions, becoming the 7th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 215th most imported product in Turkey. Turkey imports Iron Reductions primarily from: Venezuela ($105M), Russia ($60.4M), United States ($55.6M), Libya ($27.1M), and Azerbaijan ($751k).

The fastest growing import markets in Iron Reductions for Turkey between 2021 and 2022 were Venezuela ($93.3M), United States ($46.1M), and Azerbaijan ($751k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Iron Reductions from Turkey to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

View
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 Iron Reductions. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$157k
IMPORTS (2022)$249M
NET TRADE (2022)-$249M

In 2022, Turkey exported $157k in Iron Reductions. The main destinations of Turkey exports on Iron Reductions were Qatar ($95.1k), Iceland ($31.2k), Romania ($24.7k), United States ($2.88k), and Germany ($2.08k).

In 2022, Turkey imported $249M in Iron Reductions, mainly from Venezuela ($105M), Russia ($60.4M), United States ($55.6M), Libya ($27.1M), and Azerbaijan ($751k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Qatar$95.1k (1%)
Iceland$31.2k (1%)
Romania$24.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Turkey WERE (2021 - 2022):
United Arab Emirates-$1.13k (-100%)
Norway-$712 (-100%)
Georgia-$609 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Turkey's main exporting competitors in Iron Reductions were:
In 2022, Turkey's main importing competitors in Iron Reductions were:

Explore Visualizations

Trade Value of Iron Reductions by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with