2022
Exports
$1.21BWorld Rnk 19 / 222
Flag Rnk 47 / 1213
2022
PRODUCT COMPLEXITY IN Other Iron Products
0.8Rnk 243 / 1025
2022
Imports
$628MWorld Rnk 31 / 225
Flag Rnk 97 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $1.21B in Other Iron Products, making it the 19th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 47th most exported product in Turkey. The main destination of Other Iron Products exports from Turkey are: Germany ($288M), France ($70.1M), Romania ($65.5M), Hungary ($46.5M), and United Kingdom ($45.5M).

The fastest growing export markets for Other Iron Products of Turkey between 2021 and 2022 were Germany ($62.8M), United Kingdom ($16.5M), and Hungary ($13.5M).

Imports In 2022, Turkey imported $628M in Other Iron Products, becoming the 31st largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 97th most imported product in Turkey. Turkey imports Other Iron Products primarily from: Germany ($114M), China ($84.6M), Italy ($72M), France ($63.1M), and Romania ($43M).

The fastest growing import markets in Other Iron Products for Turkey between 2021 and 2022 were China ($34.7M), Italy ($15.4M), and Czechia ($8.94M).

COMPANIES In 2023, leading companies such as BSH Home Appliances (7) and ABB Motors and Mechanical (1) were at the forefront of shipping Other Iron Products from Turkey to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.21B
IMPORTS (2022)$628M
NET TRADE (2022)$585M

In 2022, Turkey exported $1.21B in Other Iron Products. The main destinations of Turkey exports on Other Iron Products were Germany ($288M), France ($70.1M), Romania ($65.5M), Hungary ($46.5M), and United Kingdom ($45.5M).

In 2022, Turkey imported $628M in Other Iron Products, mainly from Germany ($114M), China ($84.6M), Italy ($72M), France ($63.1M), and Romania ($43M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Germany$62.8M (27.9%)
United Kingdom$16.5M (56.8%)
Hungary$13.5M (40.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY Turkey WERE (2021 - 2022):
Denmark-$7.44M (-60.8%)
Ukraine-$6.1M (-57.7%)
South Korea-$4.21M (-53.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Turkey's main exporting competitors in Other Iron Products were:
In 2022, Turkey's main importing competitors in Other Iron Products were:

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Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $51.1M
TOP IMPORT POTENTIALChina+ $66.2M

Other Iron Products’s highest export potential is Germany. With an export gap of $51.1M.   Other Iron Products’s highest import potential is China with an import gap of $66.2M.

See methodology.

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