2022
Exports
$2.34BWorld Rnk 1 / 188
Flag Rnk 16 / 1213
2022
PRODUCT COMPLEXITY IN Hand-Woven Rugs
-0.91Rnk 811 / 1025
2022
Imports
$13.9MWorld Rnk 63 / 217
Flag Rnk 764 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $2.34B in Hand-Woven Rugs, making it the 1st largest exporter of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 16th most exported product in Turkey. The main destination of Hand-Woven Rugs exports from Turkey are: United States ($771M), Germany ($123M), Saudi Arabia ($113M), United Arab Emirates ($112M), and Iraq ($111M).

The fastest growing export markets for Hand-Woven Rugs of Turkey between 2021 and 2022 were Saudi Arabia ($113M), Malaysia ($17.1M), and Iraq ($13.4M).

Imports In 2022, Turkey imported $13.9M in Hand-Woven Rugs, becoming the 63rd largest importer of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 764th most imported product in Turkey. Turkey imports Hand-Woven Rugs primarily from: India ($2.39M), Iran ($1.69M), Belgium ($877k), Romania ($853k), and China ($816k).

The fastest growing import markets in Hand-Woven Rugs for Turkey between 2021 and 2022 were Romania ($817k), Iran ($608k), and Bulgaria ($537k).

COMPANIES In 2023, leading companies such as Home Dynamix (265), IKEA Group (107), and At Home Procurement (21) were at the forefront of shipping Hand-Woven Rugs 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 Hand-Woven Rugs. 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)$2.34B
IMPORTS (2022)$13.9M
NET TRADE (2022)$2.33B

In 2022, Turkey exported $2.34B in Hand-Woven Rugs. The main destinations of Turkey exports on Hand-Woven Rugs were United States ($771M), Germany ($123M), Saudi Arabia ($113M), United Arab Emirates ($112M), and Iraq ($111M).

In 2022, Turkey imported $13.9M in Hand-Woven Rugs, mainly from India ($2.39M), Iran ($1.69M), Belgium ($877k), Romania ($853k), and China ($816k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Rugs EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Saudi Arabia$113M (25.6k%)
Malaysia$17.1M (68.9%)
Iraq$13.4M (13.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-Woven Rugs BY Turkey WERE (2021 - 2022):
United States-$316M (-29.1%)
Egypt-$68.4M (-84.1%)
United Arab Emirates-$27.5M (-19.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Hand-Woven Rugs were:
India $785M
China $584M
In 2022, Turkey's main importing competitors in Hand-Woven Rugs were:

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Trade Value of Hand-Woven Rugs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $8.79M
TOP IMPORT POTENTIALIndia+ $2.35M

Hand-Woven Rugs’s highest export potential is France. With an export gap of $8.79M.   Hand-Woven Rugs’s highest import potential is India with an import gap of $2.35M.

See methodology.

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