Oil transformers medium exports from Turkey: data, top buyers and prices
Exports of oil transformers medium by Turkey reached $547.1 million in 2024 (75.0 thousand tonnes). It ranks 3rd of 122 countries for exports of this product. Value fell 3% from 2023. Over 2017-2024 the trade grew strongly, by about 29% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $547.1M | 75.0K t |
| 2023 | $565.4M | 74.0K t |
| 2022 | $360.3M | 59.4K t |
| 2021 | $241.1M | 47.8K t |
| 2020 | $191.8M | 40.2K t |
| 2019 | $151.8M | 33.9K t |
| 2018 | $112.1M | 21.6K t |
| 2017 | $93.4M | 15.9K t |
Where Turkey exports oil transformers medium to
The largest buyer markets were Italy (16%), Spain (13%), United Kingdom (9%). Trade is spread widely: the top three buyer markets together make up only 37%. Among the main buyer markets, United States grew fastest (+340% on the year before).
| Destination | Value | Share |
|---|---|---|
| Italy | $85.1M | 16% |
| Spain | $72.2M | 13% |
| United Kingdom | $47.2M | 8.6% |
| United States | $37.1M | 6.8% |
| Germany | $36.9M | 6.8% |
| Netherlands | $24.9M | 4.6% |
| Iraq | $22.3M | 4.1% |
| Poland | $20.0M | 3.7% |
| Bulgaria | $19.9M | 3.6% |
| Belgium | $14.9M | 2.7% |
Average export price per kg
The average declared value was about $7.29 per kg, close to the world average of $7.83.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Oil transformers medium imports to Turkey
Turkey imported $19.0 million of oil transformers medium in 2024 (2.2 thousand tonnes). The largest suppliers were Denmark (41%), China (17%), India (6%). Among the main suppliers, India grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| Denmark | $7.8M | 41% |
| China | $3.2M | 17% |
| India | $1.1M | 5.7% |
| Italy | $1.1M | 5.5% |
| Germany | $794K | 4.2% |
| Spain | $598K | 3.1% |
| Brazil | $484K | 2.5% |
| France | $445K | 2.3% |
| Austria | $427K | 2.2% |
| Hungary | $355K | 1.9% |
Who is behind these numbers in Turkey?
The shipment records behind Turkey oil transformers medium exports (HS 8504.22): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8504.22: Electrical transformers: liquid dielectric, having a power handling capacity exceeding 650kVA but not exceeding 10,000kVA.
Common questions
What is the value of oil transformers medium exported by Turkey?
Turkey exported oil transformers medium worth $547.1 million in 2024, the latest year with complete public data, about 75.0 thousand tonnes. That ranks it 3rd of 122 countries worldwide, with 12% of world exports. The value was down 3% on 2023.
Which countries buy oil transformers medium from Turkey?
Italy was the largest buyer with 16% of the value ($85.1 million), followed by Spain (13%) and the United Kingdom (9%). The top three together account for 37%, out of 112 buyer countries in total. The United States grew fastest among the top ten, up 340% on the year.
What is the average export price of oil transformers medium per kg?
The average declared export value was about $7.29 per kg in 2024, 7% below the world average of $7.83 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have exports of oil transformers medium from Turkey changed since 2017?
Exports went from $93.4 million in 2017 to $547.1 million in 2024, an increase of 486%. The peak was 2023 at $565.4 million. Over 8 years the average was $282.9 million a year.
Does Turkey also import oil transformers medium?
Yes. Turkey imported $19.0 million worth of this product in 2024, mainly from Denmark, China and India. On balance Turkey is a net exporter of this product, by about $528.1 million a year.
What is the HS code for oil transformers medium?
The HS code for oil transformers medium is subheading 8504.22. It sits in HS chapter 85 (electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles). The full list of codes and descriptions is on the HS 8504 page.
How can I find the companies behind this trade?
Shipment-level records for Turkey reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
Same product, other countries
World oil transformers medium trade: top importers and exporters
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