2022
Exports
$337MWorld Rnk 32 / 216
Flag Rnk 181 / 1213
2022
PRODUCT COMPLEXITY IN Electric Motors
0.76Rnk 259 / 1025
2022
Imports
$1.21BWorld Rnk 17 / 226
Flag Rnk 48 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $337M in Electric Motors, making it the 32nd largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 181st most exported product in Turkey. The main destination of Electric Motors exports from Turkey are: Germany ($39.3M), Iran ($23.7M), Russia ($23.5M), Italy ($22.4M), and France ($16M).

The fastest growing export markets for Electric Motors of Turkey between 2021 and 2022 were Russia ($14.2M), Italy ($7.98M), and Ukraine ($5.42M).

Imports In 2022, Turkey imported $1.21B in Electric Motors, becoming the 17th largest importer of Electric Motors in the world. At the same year, Electric Motors was the 48th most imported product in Turkey. Turkey imports Electric Motors primarily from: China ($453M), Germany ($204M), Italy ($56.8M), Mexico ($55.7M), and Czechia ($48M).

The fastest growing import markets in Electric Motors for Turkey between 2021 and 2022 were Germany ($71.9M), Mexico ($51.8M), and China ($49.5M).

COMPANIES In 2023, leading companies such as Team Hardinger (1) were at the forefront of shipping Electric Motors 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 Electric Motors. 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)$337M
IMPORTS (2022)$1.21B
NET TRADE (2022)-$874M

In 2022, Turkey exported $337M in Electric Motors. The main destinations of Turkey exports on Electric Motors were Germany ($39.3M), Iran ($23.7M), Russia ($23.5M), Italy ($22.4M), and France ($16M).

In 2022, Turkey imported $1.21B in Electric Motors, mainly from China ($453M), Germany ($204M), Italy ($56.8M), Mexico ($55.7M), and Czechia ($48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motors EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$14.2M (152%)
Italy$7.98M (55.3%)
Ukraine$5.42M (180%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motors BY Turkey WERE (2021 - 2022):
Uzbekistan-$12.6M (-73%)
Germany-$10.9M (-21.7%)
Egypt-$4.69M (-26.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Electric Motors were:
China $18.4B
Germany $8.51B
Mexico $4.62B
In 2022, Turkey's main importing competitors in Electric Motors were:

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Trade Value of Electric Motors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $26.8M
TOP IMPORT POTENTIALChina+ $93.6M

Electric Motors’s highest export potential is Germany. With an export gap of $26.8M.   Electric Motors’s highest import potential is China with an import gap of $93.6M.

See methodology.

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