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2022
Exports $975MWorld Rnk 22 / 192
Flag Rnk 58 / 1213
2022
Destination $100M United States
2021 - 2022
FASTEST GROWING MARKET $100MIndia
2022
PRODUCT COMPLEXITY IN Gas Turbines0.71Rnk 270 / 1025
2022
Imports $2.24BWorld Rnk 19 / 207
Flag Rnk 23 / 1211
2022
Origin $227M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $227MPoland
2022
ECONOMIC COMPLEXITY of Turkey0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $975M in Gas Turbines, making it the 22nd largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 58th most exported product in Turkey. The main destination of Gas Turbines exports from Turkey are: United States ($387M), India ($145M), United Kingdom ($79M), China ($45.3M), and France ($41.7M).

The fastest growing export markets for Gas Turbines of Turkey between 2021 and 2022 were India ($100M), United Kingdom ($72.1M), and United States ($64.1M).

Imports In 2022, Turkey imported $2.24B in Gas Turbines, becoming the 19th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 23rd most imported product in Turkey. Turkey imports Gas Turbines primarily from: United Kingdom ($460M), France ($300M), Hong Kong ($294M), Poland ($285M), and United States ($207M).

The fastest growing import markets in Gas Turbines for Turkey between 2021 and 2022 were Poland ($227M), Hong Kong ($207M), and France ($95.7M).

Latest Trends

Aug 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 Gas Turbines. 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)$975M
IMPORTS (2022)$2.24B
NET TRADE (2022)-$1.26B

In 2022, Turkey exported $975M in Gas Turbines. The main destinations of Turkey exports on Gas Turbines were United States ($387M), India ($145M), United Kingdom ($79M), China ($45.3M), and France ($41.7M).

In 2022, Turkey imported $2.24B in Gas Turbines, mainly from United Kingdom ($460M), France ($300M), Hong Kong ($294M), Poland ($285M), and United States ($207M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
India$100M (225%)
United Kingdom$72.1M (1.05k%)
United States$64.1M (19.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Turkey WERE (2021 - 2022):
Brazil-$78.4M (-77.4%)
France-$61.5M (-59.6%)
Hong Kong-$54.4M (-79.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Gas Turbines were:
United States $32.5B
United Kingdom $29.2B
France $13.6B
In 2022, Turkey's main importing competitors in Gas Turbines were:
United States $26.2B
United Kingdom $11.5B
China $9.91B

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $81.7M
TOP IMPORT POTENTIALUnited States+ $98.2M

Gas Turbines’s highest export potential is United States. With an export gap of $81.7M.   Gas Turbines’s highest import potential is United States with an import gap of $98.2M.

See methodology.

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