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Pricing

2022
Exports $988MWorld Rnk 16 / 221
Flag Rnk 57 / 1213
2022
Destination $27.8M Germany
2021 - 2022
FASTEST GROWING MARKET $27.8MGermany
2022
PRODUCT COMPLEXITY IN Liquid Pumps1.19Rnk 105 / 1025
2022
Imports $1.2BWorld Rnk 15 / 225
Flag Rnk 51 / 1211
2022
Origin $29.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $29.4MItaly
2022
ECONOMIC COMPLEXITY of Turkey0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $988M in Liquid Pumps, making it the 16th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 57th most exported product in Turkey. The main destination of Liquid Pumps exports from Turkey are: Germany ($332M), United States ($77.8M), Russia ($47.4M), Iran ($32.4M), and United Kingdom ($23.2M).

The fastest growing export markets for Liquid Pumps of Turkey between 2021 and 2022 were Germany ($27.8M), Russia ($25.7M), and United States ($22.1M).

Imports In 2022, Turkey imported $1.2B in Liquid Pumps, becoming the 15th largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 51st most imported product in Turkey. Turkey imports Liquid Pumps primarily from: Germany ($301M), China ($226M), Italy ($131M), France ($64.5M), and Hungary ($55.9M).

The fastest growing import markets in Liquid Pumps for Turkey between 2021 and 2022 were Italy ($29.4M), Germany ($27.1M), and China ($17.4M).

COMPANIES In 2023, leading companies such as Robert Bosch (31), Nissan (14), and Poclain Hydraulics (9) were at the forefront of shipping Liquid Pumps from Turkey to the United States.

Latest Trends

Aug 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 Liquid Pumps. 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)$988M
IMPORTS (2022)$1.2B
NET TRADE (2022)-$213M

In 2022, Turkey exported $988M in Liquid Pumps. The main destinations of Turkey exports on Liquid Pumps were Germany ($332M), United States ($77.8M), Russia ($47.4M), Iran ($32.4M), and United Kingdom ($23.2M).

In 2022, Turkey imported $1.2B in Liquid Pumps, mainly from Germany ($301M), China ($226M), Italy ($131M), France ($64.5M), and Hungary ($55.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Germany$27.8M (9.15%)
Russia$25.7M (119%)
United States$22.1M (39.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY Turkey WERE (2021 - 2022):
Egypt-$10.3M (-38.6%)
United Kingdom-$7.34M (-24%)
China-$4.29M (-31.4%)
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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 Liquid Pumps were:
China $12.2B
Germany $11B
United States $8.25B
In 2022, Turkey's main importing competitors in Liquid Pumps were:
United States $11.7B
Germany $5.33B
China $4.29B

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Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $62.5M
TOP IMPORT POTENTIALChina+ $90.5M

Liquid Pumps’s highest export potential is United States. With an export gap of $62.5M.   Liquid Pumps’s highest import potential is China with an import gap of $90.5M.

See methodology.

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