2022
Exports
$51MWorld Rnk 19 / 117
Flag Rnk 495 / 1213
2022
PRODUCT COMPLEXITY IN Metal Lathes
1.68Rnk 29 / 1025
2022
Imports
$352MWorld Rnk 5 / 189
Flag Rnk 165 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $51M in Metal Lathes, making it the 19th largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 495th most exported product in Turkey. The main destination of Metal Lathes exports from Turkey are: Germany ($14.8M), Russia ($14.4M), Turkmenistan ($2.4M), Bangladesh ($2.33M), and Bulgaria ($1.89M).

The fastest growing export markets for Metal Lathes of Turkey between 2021 and 2022 were Russia ($13.9M), Bangladesh ($2.3M), and United States ($1.01M).

Imports In 2022, Turkey imported $352M in Metal Lathes, becoming the 5th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 165th most imported product in Turkey. Turkey imports Metal Lathes primarily from: Chinese Taipei ($104M), South Korea ($73.3M), Japan ($43.2M), Germany ($31.2M), and China ($25.4M).

The fastest growing import markets in Metal Lathes for Turkey between 2021 and 2022 were Germany ($15.7M), Chinese Taipei ($13.9M), and Japan ($7.26M).

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 Metal Lathes. 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)$51M
IMPORTS (2022)$352M
NET TRADE (2022)-$301M

In 2022, Turkey exported $51M in Metal Lathes. The main destinations of Turkey exports on Metal Lathes were Germany ($14.8M), Russia ($14.4M), Turkmenistan ($2.4M), Bangladesh ($2.33M), and Bulgaria ($1.89M).

In 2022, Turkey imported $352M in Metal Lathes, mainly from Chinese Taipei ($104M), South Korea ($73.3M), Japan ($43.2M), Germany ($31.2M), and China ($25.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Russia$13.9M (2.7k%)
Bangladesh$2.3M (7.38k%)
United States$1.01M (267%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Turkey WERE (2021 - 2022):
Iran-$2.74M (-82.7%)
Uzbekistan-$2.22M (-69.4%)
Germany-$1.53M (-9.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Metal Lathes were:
In 2022, Turkey's main importing competitors in Metal Lathes were:

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Trade Value of Metal Lathes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.89M
TOP IMPORT POTENTIALChina+ $7.87M

Metal Lathes’s highest export potential is United States. With an export gap of $1.89M.   Metal Lathes’s highest import potential is China with an import gap of $7.87M.

See methodology.

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