2023
Exports
$44.8MWorld Rnk 20 / 189
Flag Rnk 521 / 1215
2023
PRODUCT COMPLEXITY IN Iron Chains
1.48Rnk 48 / 1025
2023
Imports
$85MWorld Rnk 22 / 221
Flag Rnk 410 / 1207
2023
ECONOMIC COMPLEXITY of Turkey
0.62Rnk 41 / 132

About

Exports In 2023, Turkey exported $44.8M in Iron Chains, making it the 20th largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 521st most exported product in Turkey. The main destination of Iron Chains exports from Turkey are: Germany ($5.37M), Russia ($5.14M), United States ($3.76M), Finland ($2.75M), and France ($2.34M).

The fastest growing export markets for Iron Chains of Turkey between 2022 and 2023 were Russia ($2.3M), Finland ($634k), and Belarus ($506k).

Imports In 2023, Turkey imported $85M in Iron Chains, becoming the 22nd largest importer of Iron Chains in the world. At the same year, Iron Chains was the 410th most imported product in Turkey. Turkey imports Iron Chains primarily from: China ($30.7M), Germany ($20.9M), Italy ($7.65M), Czechia ($3.15M), and Netherlands ($2.59M).

The fastest growing import markets in Iron Chains for Turkey between 2022 and 2023 were Germany ($5.08M), China ($3.57M), and Czechia ($1.76M).

Latest Trends

Dec 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 Iron Chains. 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)$44.8M
IMPORTS (2023)$85M
NET TRADE (2023)-$40.2M

In 2023, Turkey exported $44.8M in Iron Chains. The main destinations of Turkey exports on Iron Chains were Germany ($5.37M), Russia ($5.14M), United States ($3.76M), Finland ($2.75M), and France ($2.34M).

In 2023, Turkey imported $85M in Iron Chains, mainly from China ($30.7M), Germany ($20.9M), Italy ($7.65M), Czechia ($3.15M), and Netherlands ($2.59M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Turkey WERE (2022 - 2023):
Russia$2.3M (81.3%)
Finland$634k (29.9%)
Belarus$506k (121%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Turkey WERE (2022 - 2023):
United States-$1.54M (-29%)
France-$1.23M (-34.5%)
Greece-$924k (-69.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Turkey's main exporting competitors in Iron Chains were:
China $2.04B
Japan $495M
In 2023, Turkey's main importing competitors in Iron Chains were:

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Trade Value of Iron Chains by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.93M
TOP IMPORT POTENTIALChina+ $8.18M

Iron Chains’s highest export potential is United States. With an export gap of $2.93M.   Iron Chains’s highest import potential is China with an import gap of $8.18M.

See methodology.

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