2023
Exports
$187MWorld Rnk 23 / 212
Flag Rnk 268 / 1215
2023
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.77Rnk 16 / 1025
2023
Imports
$338MWorld Rnk 22 / 223
Flag Rnk 186 / 1207
2023
ECONOMIC COMPLEXITY of Turkey
0.62Rnk 41 / 132

About

Exports In 2023, Turkey exported $187M in Interchangeable Tool Parts, making it the 23rd largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 268th most exported product in Turkey. The main destination of Interchangeable Tool Parts exports from Turkey are: Germany ($39.7M), Russia ($34.7M), United States ($17.6M), Romania ($13.4M), and Spain ($8.12M).

The fastest growing export markets for Interchangeable Tool Parts of Turkey between 2022 and 2023 were Romania ($9.06M), Russia ($6.7M), and Slovakia ($6.3M).

Imports In 2023, Turkey imported $338M in Interchangeable Tool Parts, becoming the 22nd largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 186th most imported product in Turkey. Turkey imports Interchangeable Tool Parts primarily from: Germany ($78.9M), China ($65.1M), Italy ($43.1M), United States ($27.3M), and South Korea ($18.3M).

The fastest growing import markets in Interchangeable Tool Parts for Turkey between 2022 and 2023 were Germany ($13.7M), Italy ($7.24M), and United States ($4.45M).

COMPANIES In 2024, leading companies such as IKEA Group (1) and BOEING (1) were at the forefront of shipping Interchangeable Tool Parts from Turkey to the United States.

Latest Trends

Jan 2025

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 Interchangeable Tool Parts. 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 (2023)$187M
IMPORTS (2023)$338M
NET TRADE (2023)-$151M

In 2023, Turkey exported $187M in Interchangeable Tool Parts. The main destinations of Turkey exports on Interchangeable Tool Parts were Germany ($39.7M), Russia ($34.7M), United States ($17.6M), Romania ($13.4M), and Spain ($8.12M).

In 2023, Turkey imported $338M in Interchangeable Tool Parts, mainly from Germany ($78.9M), China ($65.1M), Italy ($43.1M), United States ($27.3M), and South Korea ($18.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Turkey WERE (2022 - 2023):
Romania$9.06M (208%)
Russia$6.7M (24%)
Slovakia$6.3M (3.22k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Turkey WERE (2022 - 2023):
Germany-$12.1M (-23.3%)
United Kingdom-$4.32M (-59%)
Bangladesh-$3.34M (-99%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Turkey's main exporting competitors in Interchangeable Tool Parts were:
In 2023, Turkey's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.8M
TOP IMPORT POTENTIALChina+ $27M

Interchangeable Tool Parts’s highest export potential is United States. With an export gap of $11.8M.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $27M.

See methodology.

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