2022
Exports
$586MWorld Rnk 4 / 195
Flag Rnk 112 / 1213
2022
PRODUCT COMPLEXITY IN Iron Stovetops
0.23Rnk 479 / 1025
2022
Imports
$70.4MWorld Rnk 34 / 221
Flag Rnk 453 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $586M in Iron Stovetops, making it the 4th largest exporter of Iron Stovetops in the world. At the same year, Iron Stovetops was the 112th most exported product in Turkey. The main destination of Iron Stovetops exports from Turkey are: Algeria ($56.3M), Italy ($37.4M), Romania ($32.3M), Iraq ($31.8M), and United Kingdom ($31.4M).

The fastest growing export markets for Iron Stovetops of Turkey between 2021 and 2022 were Iraq ($8.89M), Saudi Arabia ($7.87M), and Algeria ($7.63M).

Imports In 2022, Turkey imported $70.4M in Iron Stovetops, becoming the 34th largest importer of Iron Stovetops in the world. At the same year, Iron Stovetops was the 453rd most imported product in Turkey. Turkey imports Iron Stovetops primarily from: China ($19.9M), Italy ($17.5M), Spain ($11.2M), Iran ($7.77M), and Germany ($3.79M).

The fastest growing import markets in Iron Stovetops for Turkey between 2021 and 2022 were Spain ($2.69M), Australia ($590k), and Algeria ($479k).

COMPANIES In 2023, leading companies such as Electrolux (12) were at the forefront of shipping Iron Stovetops from Turkey to the United States.

Latest Trends

Jul 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 Stovetops. 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)$586M
IMPORTS (2022)$70.4M
NET TRADE (2022)$516M

In 2022, Turkey exported $586M in Iron Stovetops. The main destinations of Turkey exports on Iron Stovetops were Algeria ($56.3M), Italy ($37.4M), Romania ($32.3M), Iraq ($31.8M), and United Kingdom ($31.4M).

In 2022, Turkey imported $70.4M in Iron Stovetops, mainly from China ($19.9M), Italy ($17.5M), Spain ($11.2M), Iran ($7.77M), and Germany ($3.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Stovetops EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Iraq$8.89M (38.9%)
Saudi Arabia$7.87M (9.4k%)
Algeria$7.63M (15.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Stovetops BY Turkey WERE (2021 - 2022):
Nigeria-$19.8M (-77.6%)
United Kingdom-$17.2M (-35.5%)
France-$4.82M (-15.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Iron Stovetops were:
China $6.52B
Italy $1.15B
In 2022, Turkey's main importing competitors in Iron Stovetops were:

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Trade Value of Iron Stovetops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.6M
TOP IMPORT POTENTIALChina+ $13.3M

Iron Stovetops’s highest export potential is United States. With an export gap of $17.6M.   Iron Stovetops’s highest import potential is China with an import gap of $13.3M.

See methodology.

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