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2022
Exports $736MWorld Rnk 5 / 207
Flag Rnk 86 / 1213
2022
Destination $33.5M Germany
2021 - 2022
FASTEST GROWING MARKET $33.5MUkraine
2022
PRODUCT COMPLEXITY IN Knit Men's Suits-1.32Rnk 915 / 1025
2022
Imports $135MWorld Rnk 27 / 221
Flag Rnk 314 / 1211
2022
Origin $9.66M Georgia
2021 - 2022
FASTEST GROWING ORIGIN $9.66MGeorgia
2022
ECONOMIC COMPLEXITY of Turkey0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $736M in Knit Men's Suits, making it the 5th largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 86th most exported product in Turkey. The main destination of Knit Men's Suits exports from Turkey are: Germany ($104M), United Kingdom ($78.7M), Spain ($64.8M), Netherlands ($54.4M), and Italy ($39.8M).

The fastest growing export markets for Knit Men's Suits of Turkey between 2021 and 2022 were Ukraine ($33.5M), Netherlands ($21.3M), and France ($15.4M).

Imports In 2022, Turkey imported $135M in Knit Men's Suits, becoming the 27th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 314th most imported product in Turkey. Turkey imports Knit Men's Suits primarily from: Georgia ($44.2M), Cambodia ($12.8M), Bangladesh ($12.2M), Spain ($8.5M), and Belgium ($8.42M).

The fastest growing import markets in Knit Men's Suits for Turkey between 2021 and 2022 were Georgia ($9.66M), Belgium ($8.3M), and Cambodia ($7.94M).

COMPANIES In 2023, leading companies such as Giorgio Armani (2) were at the forefront of shipping Knit Men's Suits from Turkey to the United States.

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 Knit Men's Suits. 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)$736M
IMPORTS (2022)$135M
NET TRADE (2022)$601M

In 2022, Turkey exported $736M in Knit Men's Suits. The main destinations of Turkey exports on Knit Men's Suits were Germany ($104M), United Kingdom ($78.7M), Spain ($64.8M), Netherlands ($54.4M), and Italy ($39.8M).

In 2022, Turkey imported $135M in Knit Men's Suits, mainly from Georgia ($44.2M), Cambodia ($12.8M), Bangladesh ($12.2M), Spain ($8.5M), and Belgium ($8.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Ukraine$33.5M (561%)
Netherlands$21.3M (64.4%)
France$15.4M (72.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY Turkey WERE (2021 - 2022):
Spain-$28.5M (-30.6%)
United Kingdom-$5.64M (-6.69%)
Kazakhstan-$3.48M (-24.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Knit Men's Suits were:
China $4.9B
Bangladesh $1.43B
Vietnam $1.42B
In 2022, Turkey's main importing competitors in Knit Men's Suits were:
United States $3.65B
Germany $921M
United Kingdom $799M

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23.5M
TOP IMPORT POTENTIALChina+ $10.6M

Knit Men's Suits’s highest export potential is United States. With an export gap of $23.5M.   Knit Men's Suits’s highest import potential is China with an import gap of $10.6M.

See methodology.

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