2023
Exports
$708MWorld Rnk 31 / 217
Flag Rnk 98 / 1215
2023
PRODUCT COMPLEXITY IN Medical Instruments
0.73Rnk 272 / 1025
2023
Imports
$1.26BWorld Rnk 26 / 226
Flag Rnk 52 / 1207
2023
ECONOMIC COMPLEXITY of Turkey
0.62Rnk 41 / 132

About

Exports In 2023, Turkey exported $708M in Medical Instruments, making it the 31st largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 98th most exported product in Turkey. The main destination of Medical Instruments exports from Turkey are: Germany ($204M), Slovenia ($63.3M), China ($53.1M), United States ($30.6M), and Netherlands ($29M).

The fastest growing export markets for Medical Instruments of Turkey between 2022 and 2023 were Germany ($56.1M), Russia ($9.53M), and Belarus ($6.16M).

Imports In 2023, Turkey imported $1.26B in Medical Instruments, becoming the 26th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 52nd most imported product in Turkey. Turkey imports Medical Instruments primarily from: China ($254M), United States ($246M), Germany ($195M), Mexico ($59.5M), and Japan ($56M).

The fastest growing import markets in Medical Instruments for Turkey between 2022 and 2023 were United States ($46.8M), Germany ($28.7M), and Japan ($17.6M).

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 Medical Instruments. 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)$708M
IMPORTS (2023)$1.26B
NET TRADE (2023)-$551M

In 2023, Turkey exported $708M in Medical Instruments. The main destinations of Turkey exports on Medical Instruments were Germany ($204M), Slovenia ($63.3M), China ($53.1M), United States ($30.6M), and Netherlands ($29M).

In 2023, Turkey imported $1.26B in Medical Instruments, mainly from China ($254M), United States ($246M), Germany ($195M), Mexico ($59.5M), and Japan ($56M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Turkey WERE (2022 - 2023):
Germany$56.1M (37.8%)
Russia$9.53M (83%)
Belarus$6.16M (1.09k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Turkey WERE (2022 - 2023):
South Korea-$14.8M (-92.6%)
Iraq-$5.43M (-27%)
Netherlands-$5.18M (-15.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Turkey's main exporting competitors in Medical Instruments were:
In 2023, Turkey's main importing competitors in Medical Instruments were:

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $48.2M
TOP IMPORT POTENTIALUnited States+ $80.5M

Medical Instruments’s highest export potential is China. With an export gap of $48.2M.   Medical Instruments’s highest import potential is United States with an import gap of $80.5M.

See methodology.

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