2022
Exports
$43.2MWorld Rnk 23 / 188
Flag Rnk 528 / 1213
2022
PRODUCT COMPLEXITY IN Iron Chains
1.44Rnk 65 / 1025
2022
Imports
$73.1MWorld Rnk 26 / 222
Flag Rnk 444 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $43.2M in Iron Chains, making it the 23rd largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 528th most exported product in Turkey. The main destination of Iron Chains exports from Turkey are: Germany ($6.93M), United States ($3.91M), France ($3.47M), Russia ($2.84M), and Romania ($1.63M).

The fastest growing export markets for Iron Chains of Turkey between 2021 and 2022 were United States ($2.37M), Russia ($2.02M), and Germany ($1.79M).

Imports In 2022, Turkey imported $73.1M in Iron Chains, becoming the 26th largest importer of Iron Chains in the world. At the same year, Iron Chains was the 444th most imported product in Turkey. Turkey imports Iron Chains primarily from: China ($28.3M), Germany ($15.9M), Italy ($6.09M), Greece ($3.02M), and Netherlands ($2.22M).

The fastest growing import markets in Iron Chains for Turkey between 2021 and 2022 were China ($8.98M), Germany ($3.93M), and Greece ($1.4M).

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 Iron Chains. 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)$43.2M
IMPORTS (2022)$73.1M
NET TRADE (2022)-$29.9M

In 2022, Turkey exported $43.2M in Iron Chains. The main destinations of Turkey exports on Iron Chains were Germany ($6.93M), United States ($3.91M), France ($3.47M), Russia ($2.84M), and Romania ($1.63M).

In 2022, Turkey imported $73.1M in Iron Chains, mainly from China ($28.3M), Germany ($15.9M), Italy ($6.09M), Greece ($3.02M), and Netherlands ($2.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
United States$2.37M (154%)
Russia$2.02M (247%)
Germany$1.79M (34.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Turkey WERE (2021 - 2022):
Romania-$448k (-21.5%)
Australia-$351k (-47.8%)
Croatia-$324k (-66.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Iron Chains were:
China $2.52B
Japan $503M
In 2022, Turkey's main importing competitors in Iron Chains were:

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Trade Value of Iron Chains by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.93M
TOP IMPORT POTENTIALChina+ $8.18M

Iron Chains’s highest export potential is United States. With an export gap of $2.93M.   Iron Chains’s highest import potential is China with an import gap of $8.18M.

See methodology.

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