2022
Exports
$24.2BWorld Rnk 25 / 226
Flag Rnk 2 / 96
2022
PRODUCT COMPLEXITY IN Machinery, mechanical appliances, & parts
2.21Rnk 2 / 1025
2022
Imports
$34.8BWorld Rnk 20 / 226
Flag Rnk 2 / 96
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $24.2B in Machinery, mechanical appliances, & parts, making it the 25th largest exporter of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 2nd most exported product in Turkey. The main destination of Machinery, mechanical appliances, & parts exports from Turkey are: Germany ($3.13B), Russia ($1.65B), United States ($1.45B), United Kingdom ($1.24B), and Italy ($1.09B).

The fastest growing export markets for Machinery, mechanical appliances, & parts of Turkey between 2021 and 2022 were Russia ($762M), United States ($145M), and Finland ($94.4M).

Imports In 2022, Turkey imported $34.8B in Machinery, mechanical appliances, & parts, becoming the 20th largest importer of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 2nd most imported product in Turkey. Turkey imports Machinery, mechanical appliances, & parts primarily from: China ($8.15B), Germany ($6.32B), Italy ($3.34B), United Kingdom ($2.18B), and France ($1.27B).

The fastest growing import markets in Machinery, mechanical appliances, & parts for Turkey between 2021 and 2022 were Germany ($891M), China ($683M), and Poland ($304M).

COMPANIES In 2023, leading companies such as BSH Home Appliances (226), Schaeffler Group (130), and Robert Bosch (59) were at the forefront of shipping Machinery, mechanical appliances, & parts 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 Machinery, mechanical appliances, & parts. 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)$24.2B
IMPORTS (2022)$34.8B
NET TRADE (2022)-$10.7B

In 2022, Turkey exported $24.2B in Machinery, mechanical appliances, & parts. The main destinations of Turkey exports on Machinery, mechanical appliances, & parts were Germany ($3.13B), Russia ($1.65B), United States ($1.45B), United Kingdom ($1.24B), and Italy ($1.09B).

In 2022, Turkey imported $34.8B in Machinery, mechanical appliances, & parts, mainly from China ($8.15B), Germany ($6.32B), Italy ($3.34B), United Kingdom ($2.18B), and France ($1.27B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery, mechanical appliances, & parts EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$762M (86.3%)
United States$145M (11.1%)
Finland$94.4M (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery, mechanical appliances, & parts BY Turkey WERE (2021 - 2022):
Ukraine-$168M (-48.4%)
Uzbekistan-$86M (-13.1%)
Brazil-$60.5M (-32.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Machinery, mechanical appliances, & parts were:
In 2022, Turkey's main importing competitors in Machinery, mechanical appliances, & parts were:

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Trade Value of Machinery, mechanical appliances, & parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.05B
TOP IMPORT POTENTIALChina+ $2.46B

Machinery, mechanical appliances, & parts’s highest export potential is United States. With an export gap of $1.05B.   Machinery, mechanical appliances, & parts’s highest import potential is China with an import gap of $2.46B.

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