Foreign Trade Statistics, December 2019
Exports increased by 2.1% and imports decreased by 9.1% in 2019
According to the provisional data, produced with the cooperation of the Turkish Statistical Institute and the Ministry of Trade, in 2019; exports were 171 billion 531 million dollars with a 2.1% increase and imports were 202 billion 705 million dollars with a 9.1% decrease compared with 2018.
In 2019 foreign trade deficit was 31 billion 174 million dollars with a 43.5% decrease compared with 2018. In 2019, exports coverage imports was 84.6% while it was 75.3% in 2018.
Exports and Imports increased by 6.4%, 14.9%, respectively in December
In December 2019, exports were 14 billion 694 million dollars with a 6.4% increase and imports were 19 billion 19 million dollars with a 14.9% increase compared with December 2018.
In December 2019, foreign trade deficit was 4 billion 325 million dollars with a 57.6% increase compared with December 2018. In December 2019, exports coverage imports was 77.3% while it was 83.4%, in December 2018.
Export, Import and Balance, December 2019
The ratio of manufacturing industries products in total exports was 93% in December
In December 2019, according to economic activities, the ratios of manufacturing industries products, agriculture and forestry, mining and quarrying and fisheries in total exports were 93%, 4.4%, 1.8%, 0.5% respectively.
In December 2019, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 75.4%, 14.2%, 10.2%, respectively.
The main partner for exports was Germany in 2019
In 2019, the main partner country for exports was Germany with 15 billion 435 million dollars. The country was followed by the United Kingdom with 10 billion 870 million dollars, Italy with 9 billion 300 million dollars, Iraq with 8 billion 999 million dollars and USA with 8 billion 58 million dollars. The ratio of total export of the first five countries in total export was 30.7% in 2019.
The main partner for imports was Russia in 2019
In 2019, the top country for Turkey's imports was Russia with 22 billion 454 million dollars. The country was followed by China with 18 billion 497 million dollars, Germany with 17 billion 976 million dollars, USA with 11 billion 186 million dollars and Italy with 8 billion 612 million dollars. The ratio of first five countries in total import was 38.8% in 2019.
Seasonally and calendar adjusted exports decreased by 0.9%
Seasonally and calendar adjusted exports decreased by 0.9%, imports increased by 1.1% compared with previous month. Calendar adjusted exports and imports increased by 5.4% and 11.6%, respectively compared with December 2018.
Ratio of exports of high-tech products in manufacturing industries was 4.3%
Foreign trade by technology intensity covers the manufacturing industries' products in classification of ISIC Rev.3. According to the ISIC Rev.3, the ratio of manufacturing industries products in total exports was 93% in December 2019. The ratio of high-technology products in manufacturing industries exports was 4.3%.
The ratio of manufacturing industries' products in total imports was 76.6%. The ratio of high-technology products in manufacturing industries' imports was 15.7%, in December 2019.
According to general trade system exports were 180 billion 718 million dollars in 2019
According to general trade system, in 2019, exports were 180 billion 718 million dollars with a 2.2% increase and imports were 210 billion 261 million dollars with a 9.1% decrease compared with 2018. Exports coverage imports was 85.9% in 2019.
According to the general trade system in December 2019, exports were 15 billion 684 million dollars with a 6.9% increase and imports were 19 billion 971 million dollars with a 19.3% increase compared with December 2018. Exports coverage imports was 78.5% in December 2019.
