2022
Exports
$5.51MWorld Rnk 22 / 184
Flag Rnk 846 / 1213
2022
PRODUCT COMPLEXITY IN Tool Sets
0.9Rnk 208 / 1025
2022
Imports
$5.55MWorld Rnk 49 / 218
Flag Rnk 904 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $5.51M in Tool Sets, making it the 22nd largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 846th most exported product in Turkey. The main destination of Tool Sets exports from Turkey are: Philippines ($3.27M), Saudi Arabia ($230k), United Kingdom ($142k), Russia ($128k), and United States ($116k).

The fastest growing export markets for Tool Sets of Turkey between 2021 and 2022 were Philippines ($3.26M), Saudi Arabia ($229k), and Russia ($100k).

Imports In 2022, Turkey imported $5.55M in Tool Sets, becoming the 49th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 904th most imported product in Turkey. Turkey imports Tool Sets primarily from: Germany ($1.82M), United States ($1.06M), China ($986k), Chinese Taipei ($416k), and Italy ($285k).

The fastest growing import markets in Tool Sets for Turkey between 2021 and 2022 were Germany ($1.17M), United States ($770k), and Chinese Taipei ($161k).

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 Tool Sets. 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)$5.51M
IMPORTS (2022)$5.55M
NET TRADE (2022)-$41.4k

In 2022, Turkey exported $5.51M in Tool Sets. The main destinations of Turkey exports on Tool Sets were Philippines ($3.27M), Saudi Arabia ($230k), United Kingdom ($142k), Russia ($128k), and United States ($116k).

In 2022, Turkey imported $5.55M in Tool Sets, mainly from Germany ($1.82M), United States ($1.06M), China ($986k), Chinese Taipei ($416k), and Italy ($285k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Philippines$3.26M (27.5k%)
Saudi Arabia$229k (28.7k%)
Russia$100k (359%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Turkey WERE (2021 - 2022):
Azerbaijan-$211k (-70.9%)
United States-$182k (-61.2%)
Pakistan-$167k (-96.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Tool Sets were:
In 2022, Turkey's main importing competitors in Tool Sets were:

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $193k
TOP IMPORT POTENTIALChina+ $853k

Tool Sets’s highest export potential is United States. With an export gap of $193k.   Tool Sets’s highest import potential is China with an import gap of $853k.

See methodology.

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