2022
Exports
$819MWorld Rnk 12 / 224
Flag Rnk 73 / 1213
2022
PRODUCT COMPLEXITY IN Iron Fasteners
1.68Rnk 27 / 1025
2022
Imports
$526MWorld Rnk 30 / 225
Flag Rnk 112 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $819M in Iron Fasteners, making it the 12th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 73rd most exported product in Turkey. The main destination of Iron Fasteners exports from Turkey are: Germany ($285M), France ($43.3M), Italy ($39.2M), United States ($38.4M), and Poland ($32M).

The fastest growing export markets for Iron Fasteners of Turkey between 2021 and 2022 were Germany ($55M), Italy ($13.7M), and France ($12.1M).

Imports In 2022, Turkey imported $526M in Iron Fasteners, becoming the 30th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 112th most imported product in Turkey. Turkey imports Iron Fasteners primarily from: Germany ($136M), China ($82.8M), United States ($41.7M), France ($40.3M), and Japan ($37M).

The fastest growing import markets in Iron Fasteners for Turkey between 2021 and 2022 were China ($24.7M), Germany ($17M), and United States ($9.12M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (43) and Yokohama Industries (1) were at the forefront of shipping Iron Fasteners 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 Iron Fasteners. 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)$819M
IMPORTS (2022)$526M
NET TRADE (2022)$294M

In 2022, Turkey exported $819M in Iron Fasteners. The main destinations of Turkey exports on Iron Fasteners were Germany ($285M), France ($43.3M), Italy ($39.2M), United States ($38.4M), and Poland ($32M).

In 2022, Turkey imported $526M in Iron Fasteners, mainly from Germany ($136M), China ($82.8M), United States ($41.7M), France ($40.3M), and Japan ($37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Germany$55M (23.9%)
Italy$13.7M (54.1%)
France$12.1M (38.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Turkey WERE (2021 - 2022):
Ukraine-$2.71M (-52.2%)
Uzbekistan-$2.17M (-27.3%)
Brazil-$998k (-18.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $36M
TOP IMPORT POTENTIALChina+ $54.8M

Iron Fasteners’s highest export potential is United States. With an export gap of $36M.   Iron Fasteners’s highest import potential is China with an import gap of $54.8M.

See methodology.

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