2022
Exports
$1.77BWorld Rnk 39 / 226
Flag Rnk 17 / 21
2022
PRODUCT COMPLEXITY IN Instruments
2.12Rnk 3 / 1025
2022
Imports
$6.09BWorld Rnk 26 / 226
Flag Rnk 11 / 21
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $1.77B in Instruments, making it the 39th largest exporter of Instruments in the world. At the same year, Instruments was the 17th most exported product in Turkey. The main destination of Instruments exports from Turkey are: Germany ($239M), United States ($95.3M), China ($88.5M), Russia ($71.3M), and France ($66.1M).

The fastest growing export markets for Instruments of Turkey between 2021 and 2022 were Russia ($48.1M), Pakistan ($38.6M), and Germany ($29.2M).

Imports In 2022, Turkey imported $6.09B in Instruments, becoming the 26th largest importer of Instruments in the world. At the same year, Instruments was the 11th most imported product in Turkey. Turkey imports Instruments primarily from: Germany ($1.14B), China ($939M), United States ($527M), Italy ($406M), and Switzerland ($368M).

The fastest growing import markets in Instruments for Turkey between 2021 and 2022 were South Africa ($94M), Italy ($87.7M), and Switzerland ($80.2M).

COMPANIES In 2023, leading companies such as IKEA Group (5), Emser Tile (2), and Jo-Ann Stores (1) were at the forefront of shipping Instruments from Turkey to the United States.

Latest Trends

Nov 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 Instruments. 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)$1.77B
IMPORTS (2022)$6.09B
NET TRADE (2022)-$4.32B

In 2022, Turkey exported $1.77B in Instruments. The main destinations of Turkey exports on Instruments were Germany ($239M), United States ($95.3M), China ($88.5M), Russia ($71.3M), and France ($66.1M).

In 2022, Turkey imported $6.09B in Instruments, mainly from Germany ($1.14B), China ($939M), United States ($527M), Italy ($406M), and Switzerland ($368M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Instruments EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$48.1M (208%)
Pakistan$38.6M (185%)
Germany$29.2M (13.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Instruments BY Turkey WERE (2021 - 2022):
Iran-$20.4M (-34.5%)
China-$10.9M (-11%)
India-$10.1M (-32.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $114M
TOP IMPORT POTENTIALChina+ $392M

Instruments’s highest export potential is United States. With an export gap of $114M.   Instruments’s highest import potential is China with an import gap of $392M.

See methodology.

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