According to the provisional data, produced with the cooperation of the Turkish Statistical Institute and the Ministry of Trade, in August 2019; exports were 12 billion 523 million dollars with a 1.6%  increase and imports were 15 billion 24 million dollars with a 1.5% increase compared with August 2018.

In August 2019 foreign trade deficit was 2 billion 500 million dollars with a 1.2% increase compared with August 2018. In August 2019, exports coverage imports were 83.4% while it was 83.3% in August 2018.

Seasonally and calendar adjusted exports decreased by 1.5% while imports increased by 0.4% compared with the previous month.

Calendar adjusted exports and imports decreased by 0.8% and 0.2%, respectively compared with August 2018.

In August 2019, the main partner country for exports was Germany with 1 billion 118 million dollars.

The country was followed by the United Kingdom with 1 billion 26 million dollars, Iraq with 641 million dollars and the USA with 617 million dollars.

The top country for Turkey's imports was Russia with 2 billion 30 million dollars.

The country was followed by China with 1 billion 422 million dollars, Germany with 1 billion 271 million dollars and the USA with 823 million dollars.

Foreign trade by technology intensity covers the manufacturing industries' products in the classification of ISIC Rev.3.

According to the ISIC Rev.3, the ratio of manufacturing industries products in total exports was 95.3% in August. The ratio of high-technology products in manufacturing industries exports was 3.1%.

The ratio of manufacturing industries' products in total imports was 75.1%. The ratio of high-technology products in manufacturing industries' imports was 14.3% in August 2019.

According to the general trade system in August 2019, exports were 13 billion 161 million dollars with a 1.8% increase compared with August 2018.

Imports were 15 billion 566 million dollars in August 2019. Exports coverage imports were 84.5% in August 2019. (ILKHA)