2022
Exports | Imports
$4.24B | $109MWorld Rnk 1 / 162
Flag Rnk 6 / 1213
World Rnk 56 / 217
Flag Rnk 354 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.59Rnk 39 / 124
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.29Rnk 905 / 1025

About

Exports In 2022, Turkey exported $4.24B in Raw Iron Bars, making it the 1st largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 6th most exported product in Turkey. The main destination of Raw Iron Bars exports from Turkey are: Israel ($757M), Yemen ($495M), United States ($290M), Canada ($180M), and Albania ($154M).

The fastest growing export markets for Raw Iron Bars of Turkey between 2021 and 2022 were United States ($91.3M), United Kingdom ($84.4M), and Albania ($66M).

Imports In 2022, Turkey imported $109M in Raw Iron Bars, becoming the 56th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 354th most imported product in Turkey. Turkey imports Raw Iron Bars primarily from: Iran ($46.1M), Russia ($16.7M), Germany ($9.59M), Italy ($8.81M), and Switzerland ($6.67M).

The fastest growing import markets in Raw Iron Bars for Turkey between 2021 and 2022 were Iran ($15.7M), Russia ($6.48M), and Switzerland ($4.65M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Raw Iron Bars from Turkey to the United States.

Latest Trends

Jan 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 Raw Iron Bars. 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)$4.24B
IMPORTS (2022)$109M
NET TRADE (2022)$4.13B

In 2022, Turkey exported $4.24B in Raw Iron Bars. The main destinations of Turkey exports on Raw Iron Bars were Israel ($757M), Yemen ($495M), United States ($290M), Canada ($180M), and Albania ($154M).

In 2022, Turkey imported $109M in Raw Iron Bars, mainly from Iran ($46.1M), Russia ($16.7M), Germany ($9.59M), Italy ($8.81M), and Switzerland ($6.67M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
United States$91.3M (45.8%)
United Kingdom$84.4M (228%)
Albania$66M (75.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Turkey WERE (2021 - 2022):
Singapore-$329M (-82.2%)
Hong Kong-$225M (-88.1%)
Brazil-$129M (-74.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Raw Iron Bars were:
Italy $1.71B
In 2022, Turkey's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

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