Recent trade statistics have reported that the plastic export market of Turkey is expected to grow at a rate of 5% annually for the next 5 years. The diversifying growth range with different global acquisitions is maintained by industries such as packaging, automatic construction, and consumer goods. Plastic packaging alone accounts for almost half of the total plastic exports of Turkey, with a substantial share in the revenue rate.

The government's focus on the plastic export industry and the several subsidies and incentives implemented for a feasible trade rate have recorded an export trade value of plastics worth 12 billion US dollars in 2024. The manufacturer is steadily investing in research and development activities for producing innovative and sustainable solutions. More environmentally conscious consumers are recording an increase in demand for eco-friendly alternatives, introducing more diversity in traditional plastic products.

Types of Plastics Exported

The management authorities of Turkey have been actively introducing diversification in the overall plastic export portfolio to counter the trade rate positively. According to the Turkey Export Data, the top 10 leading variants of plastic exported from the nation in 2024 are,

1. Polyethylene - The annual export valuation of Polyethylene from Turkey in 2024 - 3.1 billion US dollars.

2. Polypropylene - The annual export valuation of Polypropylene from Turkey in 2024 - 2.8 billion US dollars.

3. Polyvinyl Chloride - The annual export valuation of Polyvinyl Chloride from Turkey in 2024 - 2.2 billion US dollars.

4. Polystyrene - The annual export valuation of Polystyrene from Turkey in 2024 - 1.8 billion US dollars.

5. Polythene - The annual export valuation of Polythene from Turkey in 2024 - 1.5 billion US dollars.

6. Polycarbonate - The annual export valuation of Polycarbonate from Turkey in 2024 - 1.2 billion US dollars.

7. Polyurethane - The annual export valuation of Polyurethane from Turkey in 2024 - 1 billion US dollars.

8. Acrylonitrile Butadiene Styrene - The annual export valuation of Acrylonitrile Butadiene Styrene from Turkey in 2024 - 900 million US dollars.

9. Epoxy Resin - The annual export valuation of Epoxy Resin from Turkey in 2024 - 700 million US dollars.

10. Styrene-Butadiene Rubber - The annual export valuation of Styrene-Butadiene Rubber from Turkey in 2024 - 600 million US dollars.

Major Export Markets

The active trading of top-demanded products with the leading importers has been benefitting the trade rate to a huge extent. According to the Turkey Trade Data, the top 10 export trade partners of the nation for plastics in 2024 are,

1. Germany - According to the Germany Import Data, the total annual export trade value of plastic from Turkey to Germany in 2024 - 2.8 billion US dollars.

Top 5 Exported Variants of Plastic

1. Polyethylene Terephthalate
2. High-Density Polyethylene
3. Low-Density Polyethylene
4. Polypropylene
5. Polystyrene

2. Italy - According to the Italy Import Data, the total annual export trade value of plastic from Turkey to Italy in 2024 - 2.1 billion US dollars.

Top 5 Exported Variants of Plastic

1. Expanded Polystyrene
2. Acrylonitrile Butadiene Styrene
3. Polyvinyl Chloride
4. Polycarbonate
5. Polyamide/Nylon

3. United Kingdom - According to the United Kingdom Import Data, the total annual export trade value of plastic from Turkey to the United Kingdom in 2024 - 1.8 billion US dollars.

Top 5 Exported Variants of Plastic

1. Polycarbonate
2. Polyamide/Nylon
3. Polyurethane
4. Thermoplastic Elastomers
5. Ethylene Vinyl Acetate

4. France - According to the France Import Data, the total annual export trade value of plastic from Turkey to France in 2024 - 1.2 billion US dollars.

Top 5 Exported Variants of Plastic

1. Acrylic
2. Styrene
3. Styrene-Butadiene
4. Melamine Formaldehyde
5. Amideimide

5. Belgium - According to the Belgium Import Data, the total annual export trade value of plastic from Turkey to Belgium in 2024 - 1 billion US dollars.

Top 5 Exported Variants of Plastic

1. Chlorinated Polyethylene
2. Acrylamide
3. Sodium Acrylate
4. Thermoplastic Polyester
5. Polyvinyl Chloride

6. USA - According to the USA Import Data, the total annual export trade value of plastic from Turkey to the USA in 2024 - 768 million US dollars.

Top 5 Exported Variants of Plastic

1. Ethylene Vinyl Acetate
2. Thermoplastic Elastomer
3. Urea Formaldehyde
4. Melamine Formaldehyde
5. Phenol-Formaldehyde

7. Russia - According to the Russia Import Data, the total annual export trade value of plastic from Turkey to Russia in 2024 - 654 million US dollars.

Top 5 Exported Variants of Plastic

1. Unsaturated Polyester
2. Low-Density Polyethylene
3. Polypropylene
4. Polystyrene
5. Acrylonitrile Butadiene Styrene

8. Saudi Arabia - According to the Saudi Arabia Import Data, the total annual export trade value of plastic from Turkey to Saudi Arabia in 2024 - 478 million US dollars.

Top 5 Exported Variants of Plastic

1. Polycarbonate
2. Thermoplastic Polyurethane
3. Polyvinyl Chloride
4. Polyamide
5. Polymethyl Methacrylate

9. China - According to the China Import Data, the total annual export trade value of plastic from Turkey to China in 2024 - 365 million US dollars.

Top 5 Exported Variants of Plastic

1. Polyethylene
2. Polypropylene
3. Polystyrene
4. Polyvinyl Chloride
5. Acrylonitrile Butadiene Styrene

10. Iraq - According to the Iraq Import Data, the total annual export trade value of plastic from Turkey to in 2024 – 242 million US dollars.

Top 5 Exported Variants of Plastic

1. Polycarbonate
2. Polybutylene Terephthalate
3. Polyethylene Terephthalate
4. Thermoplastic Elastomers
5. Low-density polyethylene

Export Trade Statistics (Past 5 Years Plastics Trade of 2024)

Major Exporting Companies

The increasing plastic trade activity of Turkey is maintained by the effective production of top-demanded essentials in the manufacturing unit. The import of quintessential resources essential for production has been fostering the annual revenue rate. According to the Turkey Customs Data, the top 3 plastic exporting companies of the nation in 2024 are,

1. Petkim Petrokimya Holding A.S. - The Company established in the year 1965 is one of the largest petrochemical companies and a role player in the country's plastic export trade market. The primary production of the authorities includes polyethylene, polypropylene, and PVC vapors. The annual trade revenue share of Petkim in 2024 is around 25.4%.

2. Egeplast Ticaret ve Sanayi A.S. - Egeplast, established in 1978, is one of the leading manufacturers of plastic products in Turkey. The strong presence of the company in both domestic and global trade, with its subsidiaries and partnerships in countries like Germany, Russia, and France has been fueling up the export revenue of plastics from Turkey in 2024. The annual trade revenue share in the same year is around 17.2%.

3. Kordsa Teknik Tekstil A.S. - Wrapping up, Kordsa is a leader in industrial Nylons with the reinforcement technologies of Turkey. The significant presence in the Turkish plastic market for different subsidiaries has recorded it as the largest Nylon filament producer in Europe. The energy revenue share of the authority in 2024 is 12.7%.

Trade Policies Supporting Plastics Export of Turkey in 2024

The country long being a role player in the plastic export industry of Turkey, has been implementing several initiatives over the global supply to regulate the trade positively. According to the Turkey Customs Shipment Data, the top 3 initiatives supporting the export of plastic from the nation in 2024 are,

1. Custom Duty Exemption for Exporters - This initiative was taken to empower the exporters while indulging products to be more competitive in the global international trade market. The implementation of custom duty exemption policies for exporters allows plastic product manufacturers to export their goods without any customs duties or taxes over their feasible trade.

2. Investment Support Fund - The government of Turkey has implemented investment support funds to provide financial assistance and incentives to the companies who are actively involved in global exports of plastics from the domestic trade. The aim of the initiative is to attract different foreign investors while promoting technology transfer in this sector by offering tax incentives.

3. Bilateral Trade Agreements - Wrapping up, bilateral trade agreements are the one actively pursued by the nation with different countries around the world to enhance its trade relations while creating new opportunities for exporting its plastic products. The free trade agreement with the European Union member states such as Germany, France, and Italy fosters the overall export of plastics from Turkey in 2024.

CONCLUSION

Import Globals Turkey Trade Data gives a detailed analysis of the overall shipments of plastics from the nation to other leading importers. The trade asset covers all the in-depth insights like HS code, quality, quantity, and product information, accompanied by destination and transportation ports to cater to all your needs regarding the latest trade intelligence to empower your data-driven decisions for fast growth in the international trade market.

FAQ’s

Que. What is the export trade value of plastics from Turkey in 2024?
Ans. The export trade value of plastics from Turkey in 2024 is 12 billion US dollars.

Que. Who is the top export trade partner of Turkey in 2024?
Ans. Germany is the top export trade partner of Turkey for plastics in 2024.

Que. Name the leading variant of plastic exported from Turkey in 2024.
Ans. Polyethylene is the leading variant of plastic exported from Turkey in 2024.

Que. Where can you get a detailed trade analysis of the plastic export of Turkey in 2024?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the plastic exports of Turkey in 2024.