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Pricing

2022
Exports $6.41MWorld Rnk 30 / 203
Flag Rnk 830 / 1213
2022
Destination $648k Russia
2021 - 2022
FASTEST GROWING MARKET $648kRussia
2022
PRODUCT COMPLEXITY IN Hand Tools0.83Rnk 235 / 1025
2022
Imports $18.4MWorld Rnk 37 / 220
Flag Rnk 707 / 1211
2022
Origin $1.29M Germany
2021 - 2022
FASTEST GROWING ORIGIN $1.29MChina
2022
ECONOMIC COMPLEXITY of Turkey0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $6.41M in Hand Tools, making it the 30th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 830th most exported product in Turkey. The main destination of Hand Tools exports from Turkey are: Russia ($1.01M), United Kingdom ($518k), Iraq ($434k), Germany ($388k), and United States ($265k).

The fastest growing export markets for Hand Tools of Turkey between 2021 and 2022 were Russia ($648k), Iraq ($182k), and United States ($150k).

Imports In 2022, Turkey imported $18.4M in Hand Tools, becoming the 37th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 707th most imported product in Turkey. Turkey imports Hand Tools primarily from: Germany ($5.69M), China ($5.69M), Vietnam ($1.1M), United States ($893k), and Chinese Taipei ($842k).

The fastest growing import markets in Hand Tools for Turkey between 2021 and 2022 were China ($1.29M), Vietnam ($744k), and Chinese Taipei ($268k).

Latest Trends

Sep 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 Hand Tools. 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)$6.41M
IMPORTS (2022)$18.4M
NET TRADE (2022)-$12M

In 2022, Turkey exported $6.41M in Hand Tools. The main destinations of Turkey exports on Hand Tools were Russia ($1.01M), United Kingdom ($518k), Iraq ($434k), Germany ($388k), and United States ($265k).

In 2022, Turkey imported $18.4M in Hand Tools, mainly from Germany ($5.69M), China ($5.69M), Vietnam ($1.1M), United States ($893k), and Chinese Taipei ($842k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$648k (177%)
Iraq$182k (72.3%)
United States$150k (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Turkey WERE (2021 - 2022):
Libya-$242k (-68.2%)
United Kingdom-$211k (-29%)
Germany-$116k (-23%)
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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 Hand Tools were:
China $1.12B
Germany $462M
Chinese Taipei $202M
In 2022, Turkey's main importing competitors in Hand Tools were:
United States $552M
Germany $197M
France $121M

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $430k
TOP IMPORT POTENTIALChina+ $2.54M

Hand Tools’s highest export potential is United States. With an export gap of $430k.   Hand Tools’s highest import potential is China with an import gap of $2.54M.

See methodology.

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