2022
Exports
$60.6MWorld Rnk 17 / 213
Flag Rnk 463 / 1213
2022
PRODUCT COMPLEXITY IN Gaskets
1.44Rnk 64 / 1025
2022
Imports
$74.7MWorld Rnk 21 / 220
Flag Rnk 441 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $60.6M in Gaskets, making it the 17th largest exporter of Gaskets in the world. At the same year, Gaskets was the 463rd most exported product in Turkey. The main destination of Gaskets exports from Turkey are: Germany ($11.8M), United States ($4.08M), Russia ($3.74M), Iran ($2.68M), and United Arab Emirates ($2.51M).

The fastest growing export markets for Gaskets of Turkey between 2021 and 2022 were Russia ($2.47M), Mexico ($1.07M), and Iran ($701k).

Imports In 2022, Turkey imported $74.7M in Gaskets, becoming the 21st largest importer of Gaskets in the world. At the same year, Gaskets was the 441st most imported product in Turkey. Turkey imports Gaskets primarily from: Germany ($29M), China ($8.16M), France ($7.03M), Italy ($4.93M), and United States ($4.43M).

The fastest growing import markets in Gaskets for Turkey between 2021 and 2022 were Germany ($5.39M), China ($1.67M), and France ($1.54M).

Latest Trends

Sep 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 Gaskets. 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)$60.6M
IMPORTS (2022)$74.7M
NET TRADE (2022)-$14.1M

In 2022, Turkey exported $60.6M in Gaskets. The main destinations of Turkey exports on Gaskets were Germany ($11.8M), United States ($4.08M), Russia ($3.74M), Iran ($2.68M), and United Arab Emirates ($2.51M).

In 2022, Turkey imported $74.7M in Gaskets, mainly from Germany ($29M), China ($8.16M), France ($7.03M), Italy ($4.93M), and United States ($4.43M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$2.47M (194%)
Mexico$1.07M (146%)
Iran$701k (35.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY Turkey WERE (2021 - 2022):
Germany-$1.03M (-8.04%)
United States-$824k (-16.8%)
France-$670k (-25.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.48M
TOP IMPORT POTENTIALChina+ $6.08M

Gaskets’s highest export potential is United States. With an export gap of $3.48M.   Gaskets’s highest import potential is China with an import gap of $6.08M.

See methodology.

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