2022
Exports
$173MWorld Rnk 30 / 219
Flag Rnk 279 / 1213
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$617MWorld Rnk 15 / 220
Flag Rnk 98 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $173M in Ball Bearings, making it the 30th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 279th most exported product in Turkey. The main destination of Ball Bearings exports from Turkey are: Germany ($34.2M), Russia ($30.5M), United States ($13.2M), Poland ($9.21M), and Iran ($8.4M).

The fastest growing export markets for Ball Bearings of Turkey between 2021 and 2022 were Russia ($26.9M), Tajikistan ($2.7M), and Belarus ($1.91M).

Imports In 2022, Turkey imported $617M in Ball Bearings, becoming the 15th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 98th most imported product in Turkey. Turkey imports Ball Bearings primarily from: Germany ($135M), China ($133M), France ($73.6M), Italy ($50.9M), and Sweden ($41.1M).

The fastest growing import markets in Ball Bearings for Turkey between 2021 and 2022 were Germany ($33.9M), Sweden ($30.9M), and China ($26.5M).

COMPANIES In 2023, leading companies such as Stihl (4) were at the forefront of shipping Ball Bearings from Turkey to the United States.

Latest Trends

Oct 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 Ball Bearings. 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)$173M
IMPORTS (2022)$617M
NET TRADE (2022)-$444M

In 2022, Turkey exported $173M in Ball Bearings. The main destinations of Turkey exports on Ball Bearings were Germany ($34.2M), Russia ($30.5M), United States ($13.2M), Poland ($9.21M), and Iran ($8.4M).

In 2022, Turkey imported $617M in Ball Bearings, mainly from Germany ($135M), China ($133M), France ($73.6M), Italy ($50.9M), and Sweden ($41.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$26.9M (749%)
Tajikistan$2.7M (2.84k%)
Belarus$1.91M (792%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Turkey WERE (2021 - 2022):
Iran-$16.1M (-65.8%)
China-$12.9M (-79.4%)
United States-$2.66M (-16.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Turkey's main importing competitors in Ball Bearings were:

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $15M
TOP IMPORT POTENTIALChina+ $45.6M

Ball Bearings’s highest export potential is Germany. With an export gap of $15M.   Ball Bearings’s highest import potential is China with an import gap of $45.6M.

See methodology.

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