2023
Exports
$106MWorld Rnk 13 / 131
Flag Rnk 358 / 1215
2023
PRODUCT COMPLEXITY IN Metal Lathes
1.73Rnk 21 / 1025
2023
Imports
$500MWorld Rnk 4 / 190
Flag Rnk 130 / 1207
2023
ECONOMIC COMPLEXITY of Turkey
0.62Rnk 41 / 132

About

Exports In 2023, Turkey exported $106M in Metal Lathes, making it the 13th largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 358th most exported product in Turkey. The main destination of Metal Lathes exports from Turkey are: Russia ($38.8M), Kazakhstan ($13.8M), Germany ($13.7M), Bulgaria ($9.61M), and United States ($7.52M).

The fastest growing export markets for Metal Lathes of Turkey between 2022 and 2023 were Russia ($24.3M), Kazakhstan ($13.7M), and Bulgaria ($8.91M).

Imports In 2023, Turkey imported $500M in Metal Lathes, becoming the 4th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 130th most imported product in Turkey. Turkey imports Metal Lathes primarily from: Chinese Taipei ($125M), South Korea ($118M), Japan ($98.1M), China ($40.3M), and Germany ($32.8M).

The fastest growing import markets in Metal Lathes for Turkey between 2022 and 2023 were Japan ($36.4M), South Korea ($27.9M), and China ($14.6M).

Latest Trends

Dec 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 (2023)$106M
IMPORTS (2023)$500M
NET TRADE (2023)-$394M

In 2023, Turkey exported $106M in Metal Lathes. The main destinations of Turkey exports on Metal Lathes were Russia ($38.8M), Kazakhstan ($13.8M), Germany ($13.7M), Bulgaria ($9.61M), and United States ($7.52M).

In 2023, Turkey imported $500M in Metal Lathes, mainly from Chinese Taipei ($125M), South Korea ($118M), Japan ($98.1M), China ($40.3M), and Germany ($32.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Turkey WERE (2022 - 2023):
Russia$24.3M (169%)
Kazakhstan$13.7M (12k%)
Bulgaria$8.91M (1.27k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Turkey WERE (2022 - 2023):
Iran-$2.97M (-54.4%)
Bangladesh-$2.33M (-100%)
Germany-$2.06M (-13%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Turkey's main exporting competitors in Metal Lathes were:
Japan $1.84B
China $1.01B
In 2023, 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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