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2022
Exports $5.37MWorld Rnk 9 / 111
Flag Rnk 851 / 1213
2022
Destination $332k Italy
2021 - 2022
FASTEST GROWING MARKET $332kBelarus
2022
PRODUCT COMPLEXITY IN Rubber Thread0.38Rnk 414 / 1025
2022
Imports $20MWorld Rnk 6 / 194
Flag Rnk 691 / 1211
2022
Origin $2.91M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $2.91MIndia
2022
ECONOMIC COMPLEXITY of Turkey0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $5.37M in Rubber Thread, making it the 9th largest exporter of Rubber Thread in the world. At the same year, Rubber Thread was the 851st most exported product in Turkey. The main destination of Rubber Thread exports from Turkey are: Italy ($1.27M), Russia ($852k), Poland ($686k), Belarus ($511k), and Uzbekistan ($455k).

The fastest growing export markets for Rubber Thread of Turkey between 2021 and 2022 were Belarus ($332k), United States ($262k), and Italy ($229k).

Imports In 2022, Turkey imported $20M in Rubber Thread, becoming the 6th largest importer of Rubber Thread in the world. At the same year, Rubber Thread was the 691st most imported product in Turkey. Turkey imports Rubber Thread primarily from: Thailand ($7.56M), India ($6.76M), Vietnam ($4.39M), China ($695k), and Indonesia ($185k).

The fastest growing import markets in Rubber Thread for Turkey between 2021 and 2022 were India ($2.91M), Thailand ($1.41M), and Egypt ($175k).

Latest Trends

Sep 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 Rubber Thread. 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)$5.37M
IMPORTS (2022)$20M
NET TRADE (2022)-$14.6M

In 2022, Turkey exported $5.37M in Rubber Thread. The main destinations of Turkey exports on Rubber Thread were Italy ($1.27M), Russia ($852k), Poland ($686k), Belarus ($511k), and Uzbekistan ($455k).

In 2022, Turkey imported $20M in Rubber Thread, mainly from Thailand ($7.56M), India ($6.76M), Vietnam ($4.39M), China ($695k), and Indonesia ($185k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Thread EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Belarus$332k (185%)
United States$262k (1%)
Italy$229k (22%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Thread BY Turkey WERE (2021 - 2022):
United Kingdom-$350k (-46.3%)
Romania-$239k (-61.2%)
Poland-$224k (-24.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Rubber Thread were:
Thailand $386M
Malaysia $168M
China $107M
In 2022, Turkey's main importing competitors in Rubber Thread were:
China $308M
Bangladesh $45.3M
Vietnam $28.1M

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Trade Value of Rubber Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $114k
TOP IMPORT POTENTIALChina+ $543k

Rubber Thread’s highest export potential is United States. With an export gap of $114k.   Rubber Thread’s highest import potential is China with an import gap of $543k.

See methodology.

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