2023
Exports
$889MWorld Rnk 11 / 226
Flag Rnk 73 / 1215
2023
PRODUCT COMPLEXITY IN Iron Fasteners
1.67Rnk 25 / 1025
2023
Imports
$668MWorld Rnk 20 / 226
Flag Rnk 99 / 1207
2023
ECONOMIC COMPLEXITY of Turkey
0.62Rnk 41 / 132

About

Exports In 2023, Turkey exported $889M in Iron Fasteners, making it the 11th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 73rd most exported product in Turkey. The main destination of Iron Fasteners exports from Turkey are: Germany ($296M), France ($51.7M), United States ($43.4M), Poland ($36.9M), and Italy ($32.1M).

The fastest growing export markets for Iron Fasteners of Turkey between 2022 and 2023 were United Kingdom ($8.9M), Russia ($8.31M), and France ($7.52M).

Imports In 2023, Turkey imported $668M in Iron Fasteners, becoming the 20th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 99th most imported product in Turkey. Turkey imports Iron Fasteners primarily from: Germany ($163M), China ($97.1M), United States ($65.4M), France ($47.7M), and Japan ($46.6M).

The fastest growing import markets in Iron Fasteners for Turkey between 2022 and 2023 were Germany ($29.2M), France ($11.9M), and United States ($11.6M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (43) and Yokohama Industries (1) were at the forefront of shipping Iron Fasteners 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 Iron Fasteners. 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)$889M
IMPORTS (2023)$668M
NET TRADE (2023)$221M

In 2023, Turkey exported $889M in Iron Fasteners. The main destinations of Turkey exports on Iron Fasteners were Germany ($296M), France ($51.7M), United States ($43.4M), Poland ($36.9M), and Italy ($32.1M).

In 2023, Turkey imported $668M in Iron Fasteners, mainly from Germany ($163M), China ($97.1M), United States ($65.4M), France ($47.7M), and Japan ($46.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Turkey WERE (2022 - 2023):
United Kingdom$8.9M (49.9%)
Russia$8.31M (42.5%)
France$7.52M (17%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Turkey WERE (2022 - 2023):
China-$12.2M (-47.4%)
Italy-$7.08M (-18.1%)
Austria-$4.53M (-20.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Turkey's main exporting competitors in Iron Fasteners were:
In 2023, Turkey's main importing competitors in Iron Fasteners were:

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $36M
TOP IMPORT POTENTIALChina+ $54.8M

Iron Fasteners’s highest export potential is United States. With an export gap of $36M.   Iron Fasteners’s highest import potential is China with an import gap of $54.8M.

See methodology.

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