2022
Exports
$113MWorld Rnk 19 / 190
Flag Rnk 352 / 1213
2022
PRODUCT COMPLEXITY IN High-voltage Protection Equipment
0.71Rnk 272 / 1025
2022
Imports
$154MWorld Rnk 15 / 218
Flag Rnk 289 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $113M in High-voltage Protection Equipment, making it the 19th largest exporter of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 352nd most exported product in Turkey. The main destination of High-voltage Protection Equipment exports from Turkey are: France ($20.4M), Algeria ($15.4M), Saudi Arabia ($7.61M), Azerbaijan ($6.64M), and Egypt ($5.65M).

The fastest growing export markets for High-voltage Protection Equipment of Turkey between 2021 and 2022 were Saudi Arabia ($7.59M), Nigeria ($5.18M), and Algeria ($3.41M).

Imports In 2022, Turkey imported $154M in High-voltage Protection Equipment, becoming the 15th largest importer of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 289th most imported product in Turkey. Turkey imports High-voltage Protection Equipment primarily from: Germany ($55.8M), China ($31.2M), Italy ($19.9M), Sweden ($11.1M), and India ($7.06M).

The fastest growing import markets in High-voltage Protection Equipment for Turkey between 2021 and 2022 were Sweden ($5.77M), Czechia ($3.08M), and Italy ($2.54M).

COMPANIES In 2023, leading companies such as IKEA Group (1) and ABB Motors and Mechanical (1) were at the forefront of shipping High-voltage Protection Equipment from Turkey to the United States.

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 High-voltage Protection 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)$113M
IMPORTS (2022)$154M
NET TRADE (2022)-$41.4M

In 2022, Turkey exported $113M in High-voltage Protection Equipment. The main destinations of Turkey exports on High-voltage Protection Equipment were France ($20.4M), Algeria ($15.4M), Saudi Arabia ($7.61M), Azerbaijan ($6.64M), and Egypt ($5.65M).

In 2022, Turkey imported $154M in High-voltage Protection Equipment, mainly from Germany ($55.8M), China ($31.2M), Italy ($19.9M), Sweden ($11.1M), and India ($7.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING High-voltage Protection Equipment EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Saudi Arabia$7.59M (43.6k%)
Nigeria$5.18M (3.37k%)
Algeria$3.41M (28.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF High-voltage Protection Equipment BY Turkey WERE (2021 - 2022):
France-$2.66M (-11.5%)
Afghanistan-$1.87M (-95.8%)
Azerbaijan-$1.29M (-16.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in High-voltage Protection Equipment were:
In 2022, Turkey's main importing competitors in High-voltage Protection Equipment were:

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Trade Value of High-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $2.89M
TOP IMPORT POTENTIALChina+ $9.1M

High-voltage Protection Equipment’s highest export potential is Saudi Arabia. With an export gap of $2.89M.   High-voltage Protection Equipment’s highest import potential is China with an import gap of $9.1M.

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