2022
Exports
$1.31BWorld Rnk 26 / 217
Flag Rnk 43 / 1213
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$2.27BWorld Rnk 35 / 224
Flag Rnk 21 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $1.31B in Packaged Medicaments, making it the 26th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 43rd most exported product in Turkey. The main destination of Packaged Medicaments exports from Turkey are: Iraq ($99.6M), Uzbekistan ($91.7M), Kazakhstan ($90M), Iran ($74.2M), and Georgia ($68.3M).

The fastest growing export markets for Packaged Medicaments of Turkey between 2021 and 2022 were Uzbekistan ($25.8M), Georgia ($23.9M), and Kazakhstan ($23.6M).

Imports In 2022, Turkey imported $2.27B in Packaged Medicaments, becoming the 35th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 21st most imported product in Turkey. Turkey imports Packaged Medicaments primarily from: Germany ($529M), Switzerland ($206M), Belgium ($189M), Denmark ($155M), and United Kingdom ($149M).

The fastest growing import markets in Packaged Medicaments for Turkey between 2021 and 2022 were Denmark ($94.6M), Greece ($25.4M), and Canada ($15.6M).

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 Packaged Medicaments. 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)$1.31B
IMPORTS (2022)$2.27B
NET TRADE (2022)-$964M

In 2022, Turkey exported $1.31B in Packaged Medicaments. The main destinations of Turkey exports on Packaged Medicaments were Iraq ($99.6M), Uzbekistan ($91.7M), Kazakhstan ($90M), Iran ($74.2M), and Georgia ($68.3M).

In 2022, Turkey imported $2.27B in Packaged Medicaments, mainly from Germany ($529M), Switzerland ($206M), Belgium ($189M), Denmark ($155M), and United Kingdom ($149M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Uzbekistan$25.8M (39.3%)
Georgia$23.9M (53.7%)
Kazakhstan$23.6M (35.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Turkey WERE (2021 - 2022):
Bulgaria-$30.1M (-54.2%)
Ukraine-$18.2M (-58.5%)
Brazil-$16.9M (-57%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Packaged Medicaments were:
In 2022, Turkey's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $43.7M
TOP IMPORT POTENTIALGermany+ $224M

Packaged Medicaments’s highest export potential is Russia. With an export gap of $43.7M.   Packaged Medicaments’s highest import potential is Germany with an import gap of $224M.

See methodology.

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