HS Icon Refined Petroleum in  Flag Turkey

2022
Exports | Imports
: $12.3B | $17B, World Rnk 24 / 214
Flag Rnk 1 / 1213
World Rnk 20 / 225
Flag Rnk 2 / 1211

2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $886M | $2.76B, South Africa |  Russia

2022
ECONOMIC COMPLEXITY of Turkey
: 0.59, Rnk 39 / 124

2022
PRODUCT COMPLEXITY IN Refined Petroleum
: -0.87, Rnk 800 / 1025

Exports In 2022, Turkey exported $12.3B in Refined Petroleum, making it the 24th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most exported product in Turkey. The main destination of Refined Petroleum exports from Turkey are: Netherlands ($1.34B), Lebanon ($1.2B), South Africa ($1.09B), Romania ($961M), and Cyprus ($615M).

The fastest growing export markets for Refined Petroleum of Turkey between 2021 and 2022 were South Africa ($886M), Romania ($863M), and Netherlands ($532M).

Imports In 2022, Turkey imported $17B in Refined Petroleum, becoming the 20th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Turkey. Turkey imports Refined Petroleum primarily from: Russia ($6.51B), India ($3.34B), Italy ($1.4B), Greece ($1.09B), and Israel ($1.03B).

The fastest growing import markets in Refined Petroleum for Turkey between 2021 and 2022 were Russia ($2.76B), India ($1.67B), and Italy ($748M).

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

Feb 2024

Subnational Monthly Trade

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The following visualization shows the latest trends on Refined Petroleum. 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

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EXPORTS (2022): $12.3B

IMPORTS (2022): $17B

NET TRADE (2022): -$4.7B

In 2022, Turkey exported $12.3B in Refined Petroleum. The main destinations of Turkey exports on Refined Petroleum were Netherlands ($1.34B), Lebanon ($1.2B), South Africa ($1.09B), Romania ($961M), and Cyprus ($615M).

In 2022, Turkey imported $17B in Refined Petroleum, mainly from Russia ($6.51B), India ($3.34B), Italy ($1.4B), Greece ($1.09B), and Israel ($1.03B).

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THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Turkey WERE (2021 - 2022):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Turkey WERE (2021 - 2022):

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Market Concentration

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In 2022, Turkey's main exporting competitors in Refined Petroleum were:

In 2022, Turkey's main importing competitors in Refined Petroleum were:

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