2022
Exports
$1.58BWorld Rnk 21 / 223
Flag Rnk 31 / 1213
2022
PRODUCT COMPLEXITY IN Electrical Transformers
0.65Rnk 294 / 1025
2022
Imports
$1.49BWorld Rnk 26 / 225
Flag Rnk 39 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $1.58B in Electrical Transformers, making it the 21st largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 31st most exported product in Turkey. The main destination of Electrical Transformers exports from Turkey are: Iraq ($136M), Germany ($113M), Spain ($90.9M), Poland ($88M), and United Kingdom ($85.3M).

The fastest growing export markets for Electrical Transformers of Turkey between 2021 and 2022 were Iraq ($49.9M), Poland ($40.5M), and United States ($37.7M).

Imports In 2018, Turkey imported $1.49B in Electrical Transformers, becoming the 26th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 39th most imported product in Turkey. Turkey imports Electrical Transformers primarily from: China ($559M), Germany ($200M), Japan ($147M), Netherlands ($90.7M), and United Kingdom ($58.2M).

The fastest growing import markets in Electrical Transformers for Turkey between 2021 and 2022 were China ($157M), Germany ($50.9M), and Netherlands ($49M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (2) were at the forefront of shipping Electrical Transformers from Turkey to the United States.

Latest Trends

Jul 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 Electrical Transformers. 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)$1.58B
IMPORTS (2022)$1.49B
NET TRADE (2022)$83.1M

In 2022, Turkey exported $1.58B in Electrical Transformers. The main destinations of Turkey exports on Electrical Transformers were Iraq ($136M), Germany ($113M), Spain ($90.9M), Poland ($88M), and United Kingdom ($85.3M).

In 2022, Turkey imported $1.49B in Electrical Transformers, mainly from China ($559M), Germany ($200M), Japan ($147M), Netherlands ($90.7M), and United Kingdom ($58.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Iraq$49.9M (58%)
Poland$40.5M (85.4%)
United States$37.7M (322%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Turkey WERE (2021 - 2022):
Libya-$11.1M (-68%)
China-$9.7M (-77.7%)
Macau-$9.49M (-80.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Electrical Transformers were:
In 2022, Turkey's main importing competitors in Electrical Transformers were:

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Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $78.6M
TOP IMPORT POTENTIALChina+ $202M

Electrical Transformers’s highest export potential is Germany. With an export gap of $78.6M.   Electrical Transformers’s highest import potential is China with an import gap of $202M.

See methodology.

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