Turkey: Exports increased by 4,8% in September

Turkey: Exports increased by 4,8% in September

According to the general trade system exports and imports increased by 4.8%, 23.0% respectively in September 2020, Turkish Statistical Institute said in a statement on Friday.

According to the provisional data, produced with the cooperation of the Turkish Statistical Institute and the Ministry of Trade, in September 2020; exports were 16 billion 9 million dollars with a 4.8% increase and imports were 20 billion 837 million dollars with a 23.0% increase compared with September 2019.

Exports decreased by 10.9% and imports increased by 1.5% in January-September 2020

In January-September 2020 period, exports were 118 billion 325 million dollars with 10.9% decrease and imports were 156 billion 186 million dollars with 1.5% increase compared with January-September 2019.

Energy products and non-monetary gold excluded exports and imports increased by 8.4%, 15.5% respectively in September

Exports, excluding energy products and non-monetary gold, were 15 billion 541 million dollars with an 8.4% increase in September 2020. Imports, excluding energy products and non-monetary gold, were 14 billion 769 million dollars with a 15.5% increase in September 2020.

Foreign trade surplus, excluding energy products and non-monetary gold, was 772 million dollars in September 2020.

Foreign trade volume was 30 billion 311 million dollars with a 11.8% increase. Energy products and non-monetary gold excluded export coverage imports was 105.2%.

The foreign trade deficit increased by 189.6 in September 2020

In September 2020 foreign trade deficit was 4 billion 828 million dollars with a 189.6% increase compared with September 2019. In September 2020, exports coverage imports was 76.8%, while it was 90.2% in September 2019.

The foreign trade deficit increased by 79.5% in January-September 2020

In January-September 2020 period, foreign trade deficit was 37 billion 862 million dollars with a 79.5% increase compared with January-September 2019. In the same period, exports coverage imports was 75.8% while it was 86.3% in January-September 2019.

The ratio of manufacturing industries products in total exports was 94.8% in September 2020

In September 2020, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.8%, 2.9%, 1.8%, respectively.

 In January-September 2020 period, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.5%, 3.3%, 1.7%, respectively.

 The ratio of intermediate goods in total imports was 74.9% in September 2020

In September 2020, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 74.9%, 14.4%, 10.5%, respectively.

In January-September 2020 period, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 75.4%, 13.9%, 10.5%, respectively.

The main partner for exports was Germany in September 2020

In September 2020, the main partner country for exports was Germany with 1 billion 517 million dollars. The country was followed by United Kingdom with 1 billion 142 million dollars, USA with 947 million dollars, Italy with 799 million dollars and Iraq with 798 million dollars. The ratio of the first five countries in total exports was 32.5% in September 2020.

 In January-September 2020 period, the main partner country for exports was Germany with 11 billion 277 million dollars. The country was followed by the United Kingdom with 7 billion 546 million dollars, USA with 7 billion 241 million dollars, Iraq with 6 billion 243 million dollars and Italy with 5 billion 526 million dollars. The ratio of the first five countries in total exports was 32.0% in January-September 2020.

The main partner for imports was China in September 2020

In September 2020, the top country for Turkey's imports was China with 2 billion 161 million dollars. The country was followed by Germany with 2 billion 71 million dollars, Russia with 1 billion 553 million dollars, Switzerland with 1 billion 122 million dollars and UAE with 1 billion 83 million dollars. The ratio of first five countries in total imports was 38.3% in September 2020.

 In January-September 2020 period, the top country for Turkey's imports was China with 16 billion 381 million dollars. The country was followed by Germany with 14 billion 714 million dollars, Russia with 12 billion 842 million dollars, USA with 8 billion 760 million dollars and Iraq with 6 billion 485 million dollars. The ratio of first five countries in total imports was 37.9% in January-September 2020.

Seasonally and calendar adjusted exports increased by 6.7%

In September 2020, seasonally and calendar adjusted exports increased by 6.7% imports decreased 0.4% compared with previous month. In September 2020, while calendar adjusted exports and imports increased by 0.7%, 19.7% respectively compared with September 2019.

 Ratio of exports of high-tech products in manufacturing industries was 3.3%

Foreign trade by technology intensity covers the manufacturing industries' products in classification of ISIC Rev.4. According to the ISIC Rev.4, the ratio of manufacturing industries products in total exports was 94.8% in September 2020. The ratio of high-technology products in manufacturing industries exports was 3.3%. In January-September 2020 period, the ratio of high-technology products in manufacturing industries exports was 3.4%.

 The ratio of manufacturing industries' products in total imports was 83.6%. The ratio of high-technology products in manufacturing industries' imports was 12.3% in September 2020. The ratio of manufacturing industries' products in total imports was 81.4% in January-September 2020. The ratio of high-technology products in manufacturing industries' imports was 12.7% in January-September 2020. 

 

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