Turkey | Imports and Exports | World | Ferro-alloys | Value (US$) and Value Growth, YoY (%) | 2011 - 2023
The value of exports of commodity group 7202 "Ferro-alloys." from Turkey totalled $ 304 million in 2023. Sales of commodity group 7202 from Turkey decreased by 29% in value terms compared to 2022. exports of commodity group 7202 "Ferro-alloys." decreased by $ 127 million (cumulative exports of commodity group 7202 from Turkey amounted $431 million in 2022)
Exports of commodity group 7202 "Ferro-alloys." amounted to 0.119% of total exports from Turkey (cumulative merchandise exports from Turkey totalled $ 255 billion in 2023). The share of commodity group 7202 in total exports from Turkey decreased by 0.05 p.p. compared to 2022 (it was 0.169% in 2022 and cumulative exports from Turkey were equal to $ 254 billion).
Exports of commodity group 7202 amounted to 3.43% of total sales of group "" from Turkey in 2023 (the value of exports of commodity group from Turkey amounted to $8.86 billion in 2023). The share of exports of commodity group 7202 in sales of commodity group from Turkey increased by 0.493 p.p. compared to 2022 (it was 2.94% in 2022, and exports of commodity group from Turkey were $14.6 billion).
Where does Turkey export Ferro-alloys.?
Top export destinations of "Ferro-alloys." from Turkey in 2023:
- USA with a share of 18.7% (57 million US$)
- Netherlands with a share of 17.7% (54 million US$)
- Japan with a share of 14.4% (44 million US$)
- Italy with a share of 11.4% (34 million US$)
- Slovenia with a share of 8.65% (26 million US$)
- Russia with a share of 6.9% (21 million US$)
- Korea with a share of 2.46% (7.5 million US$)
- Belgium with a share of 2.27% (6.91 million US$)
- Sweden with a share of 1.88% (5.74 million US$)
- Algeria with a share of 1.83% (5.58 million US$)
Exports structure of 7202 - Ferro-alloys. - from Turkey in 2023 represented by the following main commodity groups:
- 43% (132 million US$): 720241 - Ferro-chromium, cont. by wt. >4% of carbon, in granular/powder form
- 33% (102 million US$): 720249 - Ferro-chromium, other than that cont. by wt. >4% of carbon, in granular/powder form
- 10.3% (31 million US$): 720221 - Ferro-silicon, cont. by wt. >55% of silicon, in granular/powder form
- 6.58% (20 million US$): 720293 - Ferro-niobium, in granular/powder form
- 1.65% (5.04 million US$): 720292 - Ferro-vanadium, in granular/powder form
- 1.6% (4.89 million US$): 720299 - Ferro-alloys; n.e.s. in heading no. 7202
- 1.21% (3.7 million US$): 720230 - Ferro-silico-manganese, in granular/powder form
- 0.415% (1.26 million US$): 720270 - Ferro-molybdenum, in granular/powder form
- 0.384% (1.17 million US$): 720219 - Ferro-manganese, other than that cont. by wt. >2% of carbon, in granular/powder form
- 0.178% (543 thousand US$): 720250 - Ferro-silico-chromium, in granular/powder form
The value of imports of commodity group 7202 "Ferro-alloys." to Turkey totalled $ 820 million in 2023. Sales of commodity group 7202 to Turkey decreased by 34% in value terms compared to 2022. imports of commodity group 7202 "Ferro-alloys." decreased by $ 423 million (the value of imports of commodity group 7202 to Turkey was equal to $1.24 billion in 2022)
Imports of commodity group 7202 "Ferro-alloys." accounted for 0.226% of total import flow to Turkey (in 2023, total imports to Turkey amounted to $ 361 billion). The share of commodity group 7202 in total imports to Turkey decreased by 0.115 p.p. compared to 2022 (it was 0.342% in 2022 and cumulative imports to Turkey were equal to $ 363 billion).
Imports of commodity group 7202 reached 3.39% of total imports of group "" to Turkey in 2023 (imports of commodity group to Turkey totalled $24 billion in 2023). The share of purchases of commodity group 7202 in imports of commodity group to Turkey went down by 0.989 p.p. compared to 2022 (it was 4.38% in 2022, and imports of commodity group to Turkey accounted for $28 billion).
Where does Turkey import Ferro-alloys. from?
Top trading partners (import of "Ferro-alloys.") of Turkey in 2023:
- India with a share of 20% (168 million US$)
- Norway with a share of 12.2% (100 million US$)
- Russia with a share of 10.6% (87 million US$)
- China with a share of 7.53% (61 million US$)
- Ukraine with a share of 7.41% (60 million US$)
- Brazil with a share of 6.99% (57 million US$)
- Iran with a share of 6.36% (52 million US$)
- Korea with a share of 5.11% (41 million US$)
- Georgia with a share of 4.88% (40 million US$)
- Kazakhstan with a share of 3.65% (30 million US$)
Imports structure of 7202 - Ferro-alloys. - to Turkey in 2023 represented by the following main commodity groups:
- 32% (266 million US$): 720230 - Ferro-silico-manganese, in granular/powder form
- 18.3% (150 million US$): 720221 - Ferro-silicon, cont. by wt. >55% of silicon, in granular/powder form
- 7.4% (60 million US$): 720219 - Ferro-manganese, other than that cont. by wt. >2% of carbon, in granular/powder form
- 7.37% (60 million US$): 720270 - Ferro-molybdenum, in granular/powder form
- 6.53% (53 million US$): 720211 - Ferro-manganese, cont. by wt. >2% of carbon, in granular/powder form
- 5.8% (47 million US$): 720293 - Ferro-niobium, in granular/powder form
- 5.09% (41 million US$): 720241 - Ferro-chromium, cont. by wt. >4% of carbon, in granular/powder form
- 4.79% (39 million US$): 720229 - Ferro-silicon, other than that cont. >55% of silicon, in granular/powder form
- 4.55% (37 million US$): 720299 - Ferro-alloys; n.e.s. in heading no. 7202
- 4.2% (34 million US$): 720292 - Ferro-vanadium, in granular/powder form
