2022
Exports
$34.4MWorld Rnk 26 / 218
Flag Rnk 571 / 1213
2022
PRODUCT COMPLEXITY IN Other Hand Tools
1.51Rnk 50 / 1025
2022
Imports
$41.7MWorld Rnk 44 / 224
Flag Rnk 546 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $34.4M in Other Hand Tools, making it the 26th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 571st most exported product in Turkey. The main destination of Other Hand Tools exports from Turkey are: Germany ($8.48M), Russia ($1.9M), Iraq ($1.57M), Italy ($1.27M), and United States ($1.27M).

The fastest growing export markets for Other Hand Tools of Turkey between 2021 and 2022 were Iraq ($929k), Russia ($613k), and Slovakia ($342k).

Imports In 2022, Turkey imported $41.7M in Other Hand Tools, becoming the 44th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 546th most imported product in Turkey. Turkey imports Other Hand Tools primarily from: China ($13.4M), Germany ($9.06M), United States ($3.26M), Chinese Taipei ($2.14M), and France ($1.79M).

The fastest growing import markets in Other Hand Tools for Turkey between 2021 and 2022 were United States ($2.04M), Germany ($1.35M), and South Korea ($819k).

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 Other Hand Tools. 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)$34.4M
IMPORTS (2022)$41.7M
NET TRADE (2022)-$7.3M

In 2022, Turkey exported $34.4M in Other Hand Tools. The main destinations of Turkey exports on Other Hand Tools were Germany ($8.48M), Russia ($1.9M), Iraq ($1.57M), Italy ($1.27M), and United States ($1.27M).

In 2022, Turkey imported $41.7M in Other Hand Tools, mainly from China ($13.4M), Germany ($9.06M), United States ($3.26M), Chinese Taipei ($2.14M), and France ($1.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Iraq$929k (145%)
Russia$613k (47.8%)
Slovakia$342k (641%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Turkey WERE (2021 - 2022):
Germany-$751k (-8.14%)
Tunisia-$391k (-72.4%)
Iran-$356k (-46.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Other Hand Tools were:
In 2022, Turkey's main importing competitors in Other Hand Tools were:

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.9M
TOP IMPORT POTENTIALChina+ $7.35M

Other Hand Tools’s highest export potential is United States. With an export gap of $1.9M.   Other Hand Tools’s highest import potential is China with an import gap of $7.35M.

See methodology.

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