2022
Exports
$149MWorld Rnk 21 / 209
Flag Rnk 305 / 1213
2022
PRODUCT COMPLEXITY IN Padlocks
0.82Rnk 236 / 1025
2022
Imports
$144MWorld Rnk 25 / 223
Flag Rnk 303 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $149M in Padlocks, making it the 21st largest exporter of Padlocks in the world. At the same year, Padlocks was the 305th most exported product in Turkey. The main destination of Padlocks exports from Turkey are: Russia ($15.9M), Iran ($10.9M), France ($9.52M), Iraq ($8.89M), and Romania ($7.39M).

The fastest growing export markets for Padlocks of Turkey between 2021 and 2022 were Iran ($3.87M), Saudi Arabia ($2.69M), and Russia ($1.37M).

Imports In 2022, Turkey imported $144M in Padlocks, becoming the 25th largest importer of Padlocks in the world. At the same year, Padlocks was the 303rd most imported product in Turkey. Turkey imports Padlocks primarily from: China ($28.3M), Germany ($17.7M), Czechia ($14.1M), Italy ($13.7M), and Hungary ($13.1M).

The fastest growing import markets in Padlocks for Turkey between 2021 and 2022 were Poland ($6.1M), Hungary ($5.63M), and China ($3.91M).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Padlocks. 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)$149M
IMPORTS (2022)$144M
NET TRADE (2022)$5.43M

In 2022, Turkey exported $149M in Padlocks. The main destinations of Turkey exports on Padlocks were Russia ($15.9M), Iran ($10.9M), France ($9.52M), Iraq ($8.89M), and Romania ($7.39M).

In 2022, Turkey imported $144M in Padlocks, mainly from China ($28.3M), Germany ($17.7M), Czechia ($14.1M), Italy ($13.7M), and Hungary ($13.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Iran$3.87M (55.1%)
Saudi Arabia$2.69M (1.49k%)
Russia$1.37M (9.44%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Turkey WERE (2021 - 2022):
Egypt-$1.84M (-24.4%)
Ukraine-$1.52M (-35.2%)
Spain-$1.22M (-18.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Turkey's main importing competitors in Padlocks were:

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.04M
TOP IMPORT POTENTIALChina+ $18.5M

Padlocks’s highest export potential is United States. With an export gap of $8.04M.   Padlocks’s highest import potential is China with an import gap of $18.5M.

See methodology.

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