2022
Exports
$154MWorld Rnk 27 / 213
Flag Rnk 298 / 1213
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$324MWorld Rnk 22 / 225
Flag Rnk 180 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $154M in Interchangeable Tool Parts, making it the 27th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 298th most exported product in Turkey. The main destination of Interchangeable Tool Parts exports from Turkey are: Germany ($35.7M), Russia ($28M), United States ($7.77M), United Kingdom ($6.09M), and Spain ($5.82M).

The fastest growing export markets for Interchangeable Tool Parts of Turkey between 2021 and 2022 were Germany ($6.2M), United Kingdom ($4.02M), and Austria ($3.31M).

Imports In 2022, Turkey imported $324M 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 180th most imported product in Turkey. Turkey imports Interchangeable Tool Parts primarily from: China ($75.8M), Germany ($75.4M), Italy ($33M), United States ($21.1M), and South Korea ($19.7M).

The fastest growing import markets in Interchangeable Tool Parts for Turkey between 2021 and 2022 were China ($34.2M), Japan ($9.21M), and Italy ($8.29M).

Latest Trends

Aug 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 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 (2022)$154M
IMPORTS (2022)$324M
NET TRADE (2022)-$171M

In 2022, Turkey exported $154M in Interchangeable Tool Parts. The main destinations of Turkey exports on Interchangeable Tool Parts were Germany ($35.7M), Russia ($28M), United States ($7.77M), United Kingdom ($6.09M), and Spain ($5.82M).

In 2022, Turkey imported $324M in Interchangeable Tool Parts, mainly from China ($75.8M), Germany ($75.4M), Italy ($33M), United States ($21.1M), and South Korea ($19.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Germany$6.2M (21%)
United Kingdom$4.02M (195%)
Austria$3.31M (804%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Turkey WERE (2021 - 2022):
Italy-$7.51M (-74.1%)
Czechia-$4.44M (-90.3%)
Japan-$3.05M (-92.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Interchangeable Tool Parts were:
In 2022, 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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