2022
Exports
$70.4MWorld Rnk 24 / 201
Flag Rnk 439 / 1213
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$195MWorld Rnk 19 / 220
Flag Rnk 258 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $70.4M in Electric Soldering Equipment, making it the 24th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 439th most exported product in Turkey. The main destination of Electric Soldering Equipment exports from Turkey are: Russia ($12.8M), Romania ($3.42M), Germany ($2.93M), Iraq ($2.92M), and Egypt ($2.79M).

The fastest growing export markets for Electric Soldering Equipment of Turkey between 2021 and 2022 were Russia ($7.29M), Romania ($1.48M), and Saudi Arabia ($1.35M).

Imports In 2022, Turkey imported $195M in Electric Soldering Equipment, becoming the 19th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 258th most imported product in Turkey. Turkey imports Electric Soldering Equipment primarily from: Germany ($50.5M), China ($38M), Italy ($32.6M), Switzerland ($11.1M), and France ($8.79M).

The fastest growing import markets in Electric Soldering Equipment for Turkey between 2021 and 2022 were Germany ($19.4M), China ($14.5M), and Italy ($5.76M).

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 Electric Soldering Equipment. 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)$70.4M
IMPORTS (2022)$195M
NET TRADE (2022)-$125M

In 2022, Turkey exported $70.4M in Electric Soldering Equipment. The main destinations of Turkey exports on Electric Soldering Equipment were Russia ($12.8M), Romania ($3.42M), Germany ($2.93M), Iraq ($2.92M), and Egypt ($2.79M).

In 2022, Turkey imported $195M in Electric Soldering Equipment, mainly from Germany ($50.5M), China ($38M), Italy ($32.6M), Switzerland ($11.1M), and France ($8.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$7.29M (132%)
Romania$1.48M (75.8%)
Saudi Arabia$1.35M (3.26k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Turkey WERE (2021 - 2022):
Slovenia-$6.04M (-94.1%)
South Africa-$1.64M (-90.7%)
South Korea-$1.22M (-96.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Electric Soldering Equipment were:
In 2022, Turkey's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.76M
TOP IMPORT POTENTIALChina+ $15.2M

Electric Soldering Equipment’s highest export potential is United States. With an export gap of $2.76M.   Electric Soldering Equipment’s highest import potential is China with an import gap of $15.2M.

See methodology.

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