2023
Exports
$2.28BWorld Rnk 1 / 188
Flag Rnk 18 / 1215
2023
PRODUCT COMPLEXITY IN Hand-Woven Rugs
-0.92Rnk 809 / 1025
2023
Imports
$17.7MWorld Rnk 49 / 220
Flag Rnk 718 / 1207
2023
ECONOMIC COMPLEXITY of Turkey
0.62Rnk 41 / 132

About

Exports In 2023, Turkey exported $2.28B in Hand-Woven Rugs, making it the 1st largest exporter of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 18th most exported product in Turkey. The main destination of Hand-Woven Rugs exports from Turkey are: United States ($763M), Saudi Arabia ($224M), Germany ($172M), Iraq ($106M), and United Arab Emirates ($72.7M).

The fastest growing export markets for Hand-Woven Rugs of Turkey between 2022 and 2023 were Saudi Arabia ($118M), Germany ($19.3M), and Iran ($9.46M).

Imports In 2023, Turkey imported $17.7M in Hand-Woven Rugs, becoming the 49th largest importer of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 718th most imported product in Turkey. Turkey imports Hand-Woven Rugs primarily from: India ($3.86M), China ($2.34M), Belgium ($1.9M), Egypt ($1.59M), and Iran ($1.39M).

The fastest growing import markets in Hand-Woven Rugs for Turkey between 2022 and 2023 were China ($1.35M), Egypt ($967k), and France ($962k).

COMPANIES In 2023, leading companies such as Home Dynamix (265), IKEA Group (107), and At Home Procurement (21) were at the forefront of shipping Hand-Woven Rugs from Turkey to the United States.

Latest Trends

Dec 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-Woven Rugs. 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 (2023)$2.28B
IMPORTS (2023)$17.7M
NET TRADE (2023)$2.27B

In 2023, Turkey exported $2.28B in Hand-Woven Rugs. The main destinations of Turkey exports on Hand-Woven Rugs were United States ($763M), Saudi Arabia ($224M), Germany ($172M), Iraq ($106M), and United Arab Emirates ($72.7M).

In 2023, Turkey imported $17.7M in Hand-Woven Rugs, mainly from India ($3.86M), China ($2.34M), Belgium ($1.9M), Egypt ($1.59M), and Iran ($1.39M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Rugs EXPORT MARKETS FOR Turkey WERE (2022 - 2023):
Saudi Arabia$118M (111%)
Germany$19.3M (12.6%)
Iran$9.46M (51.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-Woven Rugs BY Turkey WERE (2022 - 2023):
United States-$125M (-14%)
United Arab Emirates-$47M (-39.3%)
Bulgaria-$30M (-84.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Turkey's main exporting competitors in Hand-Woven Rugs were:
India $872M
China $613M
In 2023, Turkey's main importing competitors in Hand-Woven Rugs were:

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Trade Value of Hand-Woven Rugs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $8.79M
TOP IMPORT POTENTIALIndia+ $2.35M

Hand-Woven Rugs’s highest export potential is France. With an export gap of $8.79M.   Hand-Woven Rugs’s highest import potential is India with an import gap of $2.35M.

See methodology.

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