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Pricing

2022
Exports $31.4MWorld Rnk 18 / 161
Flag Rnk 589 / 1213
2022
Destination $8.01M Russia
2021 - 2022
FASTEST GROWING MARKET $8.01MRussia
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines1.51Rnk 48 / 1025
2022
Imports $133MWorld Rnk 6 / 210
Flag Rnk 318 / 1211
2022
Origin $8.85M Germany
2021 - 2022
FASTEST GROWING ORIGIN $8.85MChinese Taipei
2022
ECONOMIC COMPLEXITY of Turkey0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $31.4M in Metal Finishing Machines, making it the 18th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 589th most exported product in Turkey. The main destination of Metal Finishing Machines exports from Turkey are: Russia ($9.49M), United States ($2.35M), Germany ($2.34M), China ($1.39M), and United Kingdom ($949k).

The fastest growing export markets for Metal Finishing Machines of Turkey between 2021 and 2022 were Russia ($8.01M), China ($1.18M), and Germany ($1.12M).

Imports In 2022, Turkey imported $133M in Metal Finishing Machines, becoming the 6th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 318th most imported product in Turkey. Turkey imports Metal Finishing Machines primarily from: Germany ($34.4M), Chinese Taipei ($19.1M), Switzerland ($17.2M), China ($13.4M), and Italy ($10.9M).

The fastest growing import markets in Metal Finishing Machines for Turkey between 2021 and 2022 were Chinese Taipei ($8.85M), Switzerland ($7.4M), and Japan ($5.73M).

Latest Trends

Oct 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 Metal Finishing Machines. 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)$31.4M
IMPORTS (2022)$133M
NET TRADE (2022)-$102M

In 2022, Turkey exported $31.4M in Metal Finishing Machines. The main destinations of Turkey exports on Metal Finishing Machines were Russia ($9.49M), United States ($2.35M), Germany ($2.34M), China ($1.39M), and United Kingdom ($949k).

In 2022, Turkey imported $133M in Metal Finishing Machines, mainly from Germany ($34.4M), Chinese Taipei ($19.1M), Switzerland ($17.2M), China ($13.4M), and Italy ($10.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$8.01M (540%)
China$1.18M (561%)
Germany$1.12M (92.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Turkey WERE (2021 - 2022):
Iran-$1.53M (-78%)
Italy-$283k (-47.4%)
Spain-$226k (-45.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Metal Finishing Machines were:
Germany $779M
Switzerland $601M
Japan $534M
In 2022, Turkey's main importing competitors in Metal Finishing Machines were:
China $836M
United States $544M
Germany $295M

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.81M
TOP IMPORT POTENTIALChina+ $3.66M

Metal Finishing Machines’s highest export potential is United States. With an export gap of $1.81M.   Metal Finishing Machines’s highest import potential is China with an import gap of $3.66M.

See methodology.

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