2022
Exports
$119MWorld Rnk 6 / 171
Flag Rnk 336 / 1213
2022
PRODUCT COMPLEXITY IN Iron Nails
-0.5Rnk 699 / 1025
2022
Imports
$11.7MWorld Rnk 64 / 220
Flag Rnk 795 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $119M in Iron Nails, making it the 6th largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 336th most exported product in Turkey. The main destination of Iron Nails exports from Turkey are: United States ($67.1M), Israel ($8.3M), Canada ($6.28M), Spain ($4.28M), and Italy ($3.16M).

The fastest growing export markets for Iron Nails of Turkey between 2021 and 2022 were Germany ($2.44M), Italy ($2.39M), and Canada ($1.87M).

Imports In 2022, Turkey imported $11.7M in Iron Nails, becoming the 64th largest importer of Iron Nails in the world. At the same year, Iron Nails was the 795th most imported product in Turkey. Turkey imports Iron Nails primarily from: China ($6.18M), Germany ($867k), Spain ($830k), France ($829k), and Sweden ($760k).

The fastest growing import markets in Iron Nails for Turkey between 2021 and 2022 were China ($1.29M), Spain ($826k), and France ($353k).

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 Nails. 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)$119M
IMPORTS (2022)$11.7M
NET TRADE (2022)$108M

In 2022, Turkey exported $119M in Iron Nails. The main destinations of Turkey exports on Iron Nails were United States ($67.1M), Israel ($8.3M), Canada ($6.28M), Spain ($4.28M), and Italy ($3.16M).

In 2022, Turkey imported $11.7M in Iron Nails, mainly from China ($6.18M), Germany ($867k), Spain ($830k), France ($829k), and Sweden ($760k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Germany$2.44M (3.81k%)
Italy$2.39M (312%)
Canada$1.87M (42.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY Turkey WERE (2021 - 2022):
United States-$1.88M (-2.72%)
Chile-$1.69M (-94.1%)
Georgia-$766k (-38.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.82M
TOP IMPORT POTENTIALChina+ $2.7M

Iron Nails’s highest export potential is Germany. With an export gap of $1.82M.   Iron Nails’s highest import potential is China with an import gap of $2.7M.

See methodology.

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