2022
Exports
$160MWorld Rnk 12 / 207
Flag Rnk 293 / 1213
2022
PRODUCT COMPLEXITY IN Iron Springs
0.94Rnk 195 / 1025
2022
Imports
$106MWorld Rnk 21 / 218
Flag Rnk 360 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $160M in Iron Springs, making it the 12th largest exporter of Iron Springs in the world. At the same year, Iron Springs was the 293rd most exported product in Turkey. The main destination of Iron Springs exports from Turkey are: Germany ($33.9M), Poland ($18.8M), United States ($17.4M), United Kingdom ($13.5M), and Russia ($8.06M).

The fastest growing export markets for Iron Springs of Turkey between 2021 and 2022 were Russia ($3.53M), Poland ($2.68M), and Spain ($2.18M).

Imports In 2022, Turkey imported $106M in Iron Springs, becoming the 21st largest importer of Iron Springs in the world. At the same year, Iron Springs was the 360th most imported product in Turkey. Turkey imports Iron Springs primarily from: Germany ($38.8M), Poland ($10.2M), China ($9.21M), Italy ($8.71M), and Romania ($8.12M).

The fastest growing import markets in Iron Springs for Turkey between 2021 and 2022 were Germany ($4.68M), Hungary ($1.4M), and Poland ($1.29M).

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 Springs. 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)$160M
IMPORTS (2022)$106M
NET TRADE (2022)$54.2M

In 2022, Turkey exported $160M in Iron Springs. The main destinations of Turkey exports on Iron Springs were Germany ($33.9M), Poland ($18.8M), United States ($17.4M), United Kingdom ($13.5M), and Russia ($8.06M).

In 2022, Turkey imported $106M in Iron Springs, mainly from Germany ($38.8M), Poland ($10.2M), China ($9.21M), Italy ($8.71M), and Romania ($8.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Springs EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$3.53M (78.2%)
Poland$2.68M (16.6%)
Spain$2.18M (58.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Springs BY Turkey WERE (2021 - 2022):
United States-$5.59M (-24.3%)
United Kingdom-$3.55M (-20.8%)
Syria-$646k (-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 Springs were:
In 2022, Turkey's main importing competitors in Iron Springs were:

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Trade Value of Iron Springs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.42M
TOP IMPORT POTENTIALChina+ $6.04M

Iron Springs’s highest export potential is United States. With an export gap of $8.42M.   Iron Springs’s highest import potential is China with an import gap of $6.04M.

See methodology.

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