2022
Exports
$27.9MWorld Rnk 18 / 105
Flag Rnk 605 / 1213
2022
PRODUCT COMPLEXITY IN Iron Powder
0.78Rnk 252 / 1025
2022
Imports
$31.3MWorld Rnk 23 / 176
Flag Rnk 602 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $27.9M in Iron Powder, making it the 18th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 605th most exported product in Turkey. The main destination of Iron Powder exports from Turkey are: Germany ($18.2M), Mexico ($1.82M), Chinese Taipei ($1.22M), India ($1.05M), and Poland ($855k).

The fastest growing export markets for Iron Powder of Turkey between 2021 and 2022 were Germany ($3.67M), Poland ($387k), and Canada ($298k).

Imports In 2022, Turkey imported $31.3M in Iron Powder, becoming the 23rd largest importer of Iron Powder in the world. At the same year, Iron Powder was the 602nd most imported product in Turkey. Turkey imports Iron Powder primarily from: Sweden ($5.42M), Germany ($4.73M), Romania ($2.87M), France ($2.85M), and China ($2.44M).

The fastest growing import markets in Iron Powder for Turkey between 2021 and 2022 were Romania ($1.16M), Chinese Taipei ($1.03M), and Spain ($777k).

Latest Trends

Oct 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 Powder. 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)$27.9M
IMPORTS (2022)$31.3M
NET TRADE (2022)-$3.39M

In 2022, Turkey exported $27.9M in Iron Powder. The main destinations of Turkey exports on Iron Powder were Germany ($18.2M), Mexico ($1.82M), Chinese Taipei ($1.22M), India ($1.05M), and Poland ($855k).

In 2022, Turkey imported $31.3M in Iron Powder, mainly from Sweden ($5.42M), Germany ($4.73M), Romania ($2.87M), France ($2.85M), and China ($2.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Germany$3.67M (25.2%)
Poland$387k (82.9%)
Canada$298k (163%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Turkey WERE (2021 - 2022):
United States-$3.04M (-93.8%)
Chinese Taipei-$441k (-26.6%)
Mexico-$117k (-6.05%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $771k
TOP IMPORT POTENTIALChina+ $1.5M

Iron Powder’s highest export potential is India. With an export gap of $771k.   Iron Powder’s highest import potential is China with an import gap of $1.5M.

See methodology.

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