Oil transformers small exports from Turkey: data, top buyers and prices
Exports of oil transformers small by Turkey reached $281.4 million in 2024 (51.8 thousand tonnes). It ranks 4th of 127 countries for exports of this product. That is close to the 2023 level. Over 2017-2024 the trade grew strongly, by about 22% 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 | $281.4M | 51.8K t |
| 2023 | $275.3M | 47.0K t |
| 2022 | $245.2M | 47.2K t |
| 2021 | $120.4M | 33.1K t |
| 2020 | $115.4M | 31.2K t |
| 2019 | $101.0M | 26.9K t |
| 2018 | $93.3M | 24.0K t |
| 2017 | $68.5M | 17.0K t |
Where Turkey exports oil transformers small to
The largest buyer markets were Iraq (27%), Netherlands (8%), Belgium (7%). Trade is spread widely: the top three buyer markets together make up only 41%. Among the main buyer markets, Latvia grew fastest (+730% on the year before).
| Destination | Value | Share |
|---|---|---|
| Iraq | $75.0M | 27% |
| Netherlands | $21.7M | 7.7% |
| Belgium | $18.6M | 6.6% |
| Lithuania | $18.4M | 6.5% |
| United Kingdom | $13.8M | 4.9% |
| Nigeria | $12.0M | 4.3% |
| Latvia | $11.1M | 3.9% |
| Romania | $10.4M | 3.7% |
| Libya | $9.9M | 3.5% |
| Iran | $9.1M | 3.2% |
Average export price per kg
The average declared value was about $5.43 per kg, 31% below the world average of $7.84, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Oil transformers small imports to Turkey
In 2024, Turkey imported oil transformers small worth $6.8 million (890 tonnes). The largest suppliers were China (35%), India (26%), Lithuania (4%). Among the main suppliers, Canada grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| China | $2.4M | 35% |
| India | $1.8M | 26% |
| Lithuania | $254K | 3.8% |
| Sweden | $190K | 2.8% |
| Georgia | $151K | 2.2% |
| Bulgaria | $150K | 2.2% |
| Brazil | $142K | 2.1% |
| United States | $125K | 1.8% |
| Canada | $124K | 1.8% |
| Denmark | $119K | 1.8% |
Who is behind these numbers in Turkey?
The shipment records behind Turkey oil transformers small exports (HS 8504.21): 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 8504.21: Electrical transformers: liquid dielectric, having a power handling capacity not exceeding 650kVA.
Common questions
What is the value of oil transformers small exported by Turkey?
Turkey exported oil transformers small worth $281.4 million in 2024, the latest year with complete public data, about 51.8 thousand tonnes. That ranks it 4th of 127 countries worldwide, with 7% of world exports. The value was up 2% on 2023.
Which countries buy oil transformers small from Turkey?
Iraq was the largest buyer with 27% of the value ($75.0 million), followed by the Netherlands (8%) and Belgium (7%). The top three together account for 41%, out of 116 buyer countries in total. Latvia grew fastest among the top ten, up 730% on the year.
What is the average export price of oil transformers small per kg?
The average declared export value was about $5.43 per kg in 2024, 31% below the world average of $7.84 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of oil transformers small from Turkey changed since 2017?
Exports went from $68.5 million in 2017 to $281.4 million in 2024, an increase of 311%. 2024 was the highest year in the period. Over 8 years the average was $162.6 million a year.
Does Turkey also import oil transformers small?
Yes. Turkey imported $6.8 million worth of this product in 2024, mainly from China, India and Lithuania. On balance Turkey is a net exporter of this product, by about $274.6 million a year.
What is the HS code for oil transformers small?
The HS code for oil transformers small is subheading 8504.21. 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?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for Turkey. Tell us your product to see it live.
Same product, other countries
World oil transformers small trade: top importers and exporters
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