2022
Exports
$23.7MWorld Rnk 10 / 120
Flag Rnk 636 / 1213
2022
PRODUCT COMPLEXITY IN Knitting Machines
1.1Rnk 135 / 1025
2022
Imports
$348MWorld Rnk 2 / 191
Flag Rnk 167 / 1211
2022
ECONOMIC COMPLEXITY of Turkey
0.6Rnk 41 / 133

About

Exports In 2022, Turkey exported $23.7M in Knitting Machines, making it the 10th largest exporter of Knitting Machines in the world. At the same year, Knitting Machines was the 636th most exported product in Turkey. The main destination of Knitting Machines exports from Turkey are: India ($4.81M), Uzbekistan ($3.18M), China ($2.33M), Russia ($2.32M), and Egypt ($1.1M).

The fastest growing export markets for Knitting Machines of Turkey between 2021 and 2022 were China ($2.26M), Uzbekistan ($1.49M), and Russia ($1.39M).

Imports In 2022, Turkey imported $348M in Knitting Machines, becoming the 2nd largest importer of Knitting Machines in the world. At the same year, Knitting Machines was the 167th most imported product in Turkey. Turkey imports Knitting Machines primarily from: China ($90.8M), Italy ($86.4M), Germany ($85M), Japan ($46.8M), and Chinese Taipei ($14.5M).

The fastest growing import markets in Knitting Machines for Turkey between 2021 and 2022 were Japan ($15.7M), Germany ($13.8M), and Italy ($6.44M).

COMPANIES In 2023, leading companies such as ADIDAS INTERNATIONAL TRADING AG (3) and H&M HENNES & MAURITZ (1) were at the forefront of shipping Knitting Machines from Turkey to the United States.

Latest Trends

Mar 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 Knitting Machines. 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)$23.7M
IMPORTS (2022)$348M
NET TRADE (2022)-$325M

In 2022, Turkey exported $23.7M in Knitting Machines. The main destinations of Turkey exports on Knitting Machines were India ($4.81M), Uzbekistan ($3.18M), China ($2.33M), Russia ($2.32M), and Egypt ($1.1M).

In 2022, Turkey imported $348M in Knitting Machines, mainly from China ($90.8M), Italy ($86.4M), Germany ($85M), Japan ($46.8M), and Chinese Taipei ($14.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitting Machines EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
China$2.26M (3.01k%)
Uzbekistan$1.49M (88.8%)
Russia$1.39M (148%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machines BY Turkey WERE (2021 - 2022):
India-$6.96M (-59.2%)
Bulgaria-$1.08M (-88.2%)
Jordan-$652k (-99.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Knitting Machines were:
China $1.28B
Japan $411M
In 2022, Turkey's main importing competitors in Knitting Machines were:

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Trade Value of Knitting Machines by Exporters

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