2022
Exports
$794MWorld Rnk 26 / 216
Flag Rnk 78 / 1213
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$1.63BWorld Rnk 22 / 225
Flag Rnk 33 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $794M in Machinery Having Individual Functions, making it the 26th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 78th most exported product in Turkey. The main destination of Machinery Having Individual Functions exports from Turkey are: Romania ($66.1M), Russia ($54.9M), Germany ($46.8M), United States ($42.3M), and Uzbekistan ($39.1M).

The fastest growing export markets for Machinery Having Individual Functions of Turkey between 2021 and 2022 were Romania ($45.6M), Russia ($20M), and United States ($17.1M).

Imports In 2022, Turkey imported $1.63B in Machinery Having Individual Functions, becoming the 22nd largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 33rd most imported product in Turkey. Turkey imports Machinery Having Individual Functions primarily from: Germany ($457M), China ($317M), Italy ($220M), United Kingdom ($80.9M), and United States ($53.1M).

The fastest growing import markets in Machinery Having Individual Functions for Turkey between 2021 and 2022 were Germany ($117M), China ($87.5M), and United Kingdom ($57.5M).

COMPANIES In 2023, leading companies such as BSH Home Appliances (2) were at the forefront of shipping Machinery Having Individual Functions from Turkey to the United States.

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 Machinery Having Individual Functions. 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)$794M
IMPORTS (2022)$1.63B
NET TRADE (2022)-$836M

In 2022, Turkey exported $794M in Machinery Having Individual Functions. The main destinations of Turkey exports on Machinery Having Individual Functions were Romania ($66.1M), Russia ($54.9M), Germany ($46.8M), United States ($42.3M), and Uzbekistan ($39.1M).

In 2022, Turkey imported $1.63B in Machinery Having Individual Functions, mainly from Germany ($457M), China ($317M), Italy ($220M), United Kingdom ($80.9M), and United States ($53.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Romania$45.6M (223%)
Russia$20M (57.4%)
United States$17.1M (68%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Turkey WERE (2021 - 2022):
Iran-$11.9M (-33%)
Ukraine-$8.48M (-43.4%)
Morocco-$7.32M (-46%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Machinery Having Individual Functions were:
In 2022, Turkey's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $34.5M
TOP IMPORT POTENTIALChina+ $97.2M

Machinery Having Individual Functions’s highest export potential is United States. With an export gap of $34.5M.   Machinery Having Individual Functions’s highest import potential is China with an import gap of $97.2M.

See methodology.

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