2022
Exports
$19.4MWorld Rnk 18 / 156
Flag Rnk 671 / 1213
2022
PRODUCT COMPLEXITY IN Drilling Machines
1.13Rnk 123 / 1025
2022
Imports
$97.7MWorld Rnk 6 / 210
Flag Rnk 380 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $19.4M in Drilling Machines, making it the 18th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 671st most exported product in Turkey. The main destination of Drilling Machines exports from Turkey are: Russia ($1.87M), United States ($1.26M), Uzbekistan ($1.21M), Iran ($1.11M), and Italy ($985k).

The fastest growing export markets for Drilling Machines of Turkey between 2021 and 2022 were Uzbekistan ($733k), Saudi Arabia ($583k), and Iran ($556k).

Imports In 2022, Turkey imported $97.7M in Drilling Machines, becoming the 6th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 380th most imported product in Turkey. Turkey imports Drilling Machines primarily from: Germany ($22.2M), China ($16.4M), Chinese Taipei ($13.1M), Spain ($12.3M), and Italy ($9.24M).

The fastest growing import markets in Drilling Machines for Turkey between 2021 and 2022 were Germany ($4.48M), Spain ($4.27M), and China ($2.24M).

COMPANIES In 2023, leading companies such as CSI Importers (1) were at the forefront of shipping Drilling 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 Drilling 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)$19.4M
IMPORTS (2022)$97.7M
NET TRADE (2022)-$78.3M

In 2022, Turkey exported $19.4M in Drilling Machines. The main destinations of Turkey exports on Drilling Machines were Russia ($1.87M), United States ($1.26M), Uzbekistan ($1.21M), Iran ($1.11M), and Italy ($985k).

In 2022, Turkey imported $97.7M in Drilling Machines, mainly from Germany ($22.2M), China ($16.4M), Chinese Taipei ($13.1M), Spain ($12.3M), and Italy ($9.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Uzbekistan$733k (154%)
Saudi Arabia$583k (1.35k%)
Iran$556k (101%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Turkey WERE (2021 - 2022):
Qatar-$928k (-98.3%)
Serbia-$859k (-80.4%)
Algeria-$804k (-76.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.07M
TOP IMPORT POTENTIALChina+ $3.25M

Drilling Machines’s highest export potential is United States. With an export gap of $1.07M.   Drilling Machines’s highest import potential is China with an import gap of $3.25M.

See methodology.

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