2022
Exports
$392MWorld Rnk 4 / 207
Flag Rnk 163 / 1213
2022
PRODUCT COMPLEXITY IN Iron Housewares
-0.78Rnk 776 / 1025
2022
Imports
$53.5MWorld Rnk 53 / 223
Flag Rnk 491 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $392M in Iron Housewares, making it the 4th largest exporter of Iron Housewares in the world. At the same year, Iron Housewares was the 163rd most exported product in Turkey. The main destination of Iron Housewares exports from Turkey are: Egypt ($42.2M), Germany ($34.7M), Italy ($16.3M), Iraq ($16.1M), and Libya ($15.3M).

The fastest growing export markets for Iron Housewares of Turkey between 2021 and 2022 were Saudi Arabia ($7.79M), Iraq ($4.09M), and United Kingdom ($3.16M).

Imports In 2022, Turkey imported $53.5M in Iron Housewares, becoming the 53rd largest importer of Iron Housewares in the world. At the same year, Iron Housewares was the 491st most imported product in Turkey. Turkey imports Iron Housewares primarily from: China ($27.3M), Germany ($10.6M), France ($2.36M), India ($2.23M), and Italy ($2.05M).

The fastest growing import markets in Iron Housewares for Turkey between 2021 and 2022 were China ($4.69M), Germany ($1.15M), and Romania ($762k).

COMPANIES In 2023, leading companies such as IKEA Group (2) were at the forefront of shipping Iron Housewares from Turkey to the United States.

Latest Trends

Jul 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 Housewares. 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)$392M
IMPORTS (2022)$53.5M
NET TRADE (2022)$338M

In 2022, Turkey exported $392M in Iron Housewares. The main destinations of Turkey exports on Iron Housewares were Egypt ($42.2M), Germany ($34.7M), Italy ($16.3M), Iraq ($16.1M), and Libya ($15.3M).

In 2022, Turkey imported $53.5M in Iron Housewares, mainly from China ($27.3M), Germany ($10.6M), France ($2.36M), India ($2.23M), and Italy ($2.05M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Housewares EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Saudi Arabia$7.79M (3.57k%)
Iraq$4.09M (34.1%)
United Kingdom$3.16M (44.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Housewares BY Turkey WERE (2021 - 2022):
Egypt-$20.2M (-32.4%)
Tunisia-$4.13M (-44.1%)
Ukraine-$2.12M (-44.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Iron Housewares were:
China $12.2B
India $744M
In 2022, Turkey's main importing competitors in Iron Housewares were:

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Trade Value of Iron Housewares by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $16M
TOP IMPORT POTENTIALChina+ $13.7M

Iron Housewares’s highest export potential is United States. With an export gap of $16M.   Iron Housewares’s highest import potential is China with an import gap of $13.7M.

See methodology.

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