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Pricing

2022
Exports $101MWorld Rnk 17 / 202
Flag Rnk 373 / 1213
2022
Destination $6.15M United States
2021 - 2022
FASTEST GROWING MARKET $6.15MRussia
2022
PRODUCT COMPLEXITY IN Rubber Belting0.48Rnk 373 / 1025
2022
Imports $139MWorld Rnk 14 / 224
Flag Rnk 309 / 1211
2022
Origin $13M Germany
2021 - 2022
FASTEST GROWING ORIGIN $13MGermany
2022
ECONOMIC COMPLEXITY of Turkey0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $101M in Rubber Belting, making it the 17th largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 373rd most exported product in Turkey. The main destination of Rubber Belting exports from Turkey are: United States ($14.4M), Russia ($8.17M), Iran ($6.56M), Italy ($6.34M), and Netherlands ($5.18M).

The fastest growing export markets for Rubber Belting of Turkey between 2021 and 2022 were Russia ($6.15M), United States ($4.66M), and Czechia ($1.55M).

Imports In 2022, Turkey imported $139M in Rubber Belting, becoming the 14th largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 309th most imported product in Turkey. Turkey imports Rubber Belting primarily from: Germany ($38.9M), China ($19.4M), Italy ($11.9M), Poland ($10.9M), and United Kingdom ($6.96M).

The fastest growing import markets in Rubber Belting for Turkey between 2021 and 2022 were Germany ($13M), Greece ($5.29M), and United Kingdom ($2.74M).

Latest Trends

Jul 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 Rubber Belting. 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)$101M
IMPORTS (2022)$139M
NET TRADE (2022)-$38.2M

In 2022, Turkey exported $101M in Rubber Belting. The main destinations of Turkey exports on Rubber Belting were United States ($14.4M), Russia ($8.17M), Iran ($6.56M), Italy ($6.34M), and Netherlands ($5.18M).

In 2022, Turkey imported $139M in Rubber Belting, mainly from Germany ($38.9M), China ($19.4M), Italy ($11.9M), Poland ($10.9M), and United Kingdom ($6.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$6.15M (303%)
United States$4.66M (47.7%)
Czechia$1.55M (64.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY Turkey WERE (2021 - 2022):
United Kingdom-$4.15M (-57.2%)
Egypt-$960k (-43.3%)
Ukraine-$733k (-31.4%)
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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 Rubber Belting were:
China $1.52B
Germany $926M
United States $480M
In 2022, Turkey's main importing competitors in Rubber Belting were:
United States $884M
Germany $562M
Canada $287M

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Trade Value of Rubber Belting by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.91M
TOP IMPORT POTENTIALChina+ $9.9M

Rubber Belting’s highest export potential is United States. With an export gap of $5.91M.   Rubber Belting’s highest import potential is China with an import gap of $9.9M.

See methodology.

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