2022
Exports
$50.8MWorld Rnk 9 / 160
Flag Rnk 498 / 1213
2022
PRODUCT COMPLEXITY IN Metalworking Machines
1.92Rnk 9 / 1025
2022
Imports
$49.2MWorld Rnk 11 / 212
Flag Rnk 508 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $50.8M in Metalworking Machines, making it the 9th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 498th most exported product in Turkey. The main destination of Metalworking Machines exports from Turkey are: Russia ($7.9M), United States ($4.2M), Poland ($2.49M), United Kingdom ($2.19M), and Germany ($1.86M).

The fastest growing export markets for Metalworking Machines of Turkey between 2021 and 2022 were Russia ($3.9M), United States ($2.3M), and Canada ($1.06M).

Imports In 2018, Turkey imported $49.2M in Metalworking Machines, becoming the 11th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 508th most imported product in Turkey. Turkey imports Metalworking Machines primarily from: Germany ($15.9M), Chinese Taipei ($5.48M), Japan ($5.25M), Italy ($5.19M), and China ($4.82M).

The fastest growing import markets in Metalworking Machines for Turkey between 2021 and 2022 were Japan ($5.06M), Spain ($2M), and China ($1.31M).

COMPANIES In 2023, leading companies such as John Deere (3) were at the forefront of shipping Metalworking Machines from Turkey to the United States.

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 Metalworking 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)$50.8M
IMPORTS (2022)$49.2M
NET TRADE (2022)$1.58M

In 2022, Turkey exported $50.8M in Metalworking Machines. The main destinations of Turkey exports on Metalworking Machines were Russia ($7.9M), United States ($4.2M), Poland ($2.49M), United Kingdom ($2.19M), and Germany ($1.86M).

In 2022, Turkey imported $49.2M in Metalworking Machines, mainly from Germany ($15.9M), Chinese Taipei ($5.48M), Japan ($5.25M), Italy ($5.19M), and China ($4.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$3.9M (97.5%)
United States$2.3M (121%)
Canada$1.06M (408%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Turkey WERE (2021 - 2022):
Iraq-$1.04M (-45.8%)
Uzbekistan-$855k (-57.3%)
United Kingdom-$688k (-23.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Metalworking Machines were:
In 2022, Turkey's main importing competitors in Metalworking Machines were:

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.81M
TOP IMPORT POTENTIALChina+ $2.28M

Metalworking Machines’s highest export potential is United States. With an export gap of $1.81M.   Metalworking Machines’s highest import potential is China with an import gap of $2.28M.

See methodology.

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