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Turkish exports and imports declines in April--Statistical agency
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According to the provisional data, produced with the cooperation of the Turkish Statistical Institute and the Ministry of Trade, in April 2023; exports were 19 billion 331 million dollars with a 17.1% decrease and imports were 28 billion 69 million dollars with a 4.8% decrease compared with April 2022.

Exports decreased by 3.0% and imports increased by 7.1% in January-April 2023

In January-April 2023 period, exports were 80 billion 869 million dollars with a 3.0% decrease and imports were 124 billion 313 million dollars with a 7.1% increase compared with January-April 2022.

Energy products and non-monetary gold excluded exports decreased by 17.2% and imports increased by 3.0% in April

Exports, excluding energy products and non-monetary gold, were 18 billion 50 million dollars with a 17.2% decrease in April 2023. Imports, excluding energy products and non-monetary gold, were 21 billion 865 million dollars with a 3.0% increase in April 2023.

Foreign trade deficit, excluding energy products and non-monetary gold, was 3 billion 815 million dollars in April 2023.

Foreign trade volume was 39 billion 914 million dollars with a 7.2% decrease. Energy products and non-monetary gold excluded export coverage imports was 82.6%.

The foreign trade deficit increased by 42.1% in April 2023

In April 2023, foreign trade deficit was 8 billion 738 million dollars with a 42.1% increase compared with April 2022. In April 2023, exports coverage imports was 68.9%, while it was 79.1% in April 2022.

The foreign trade deficit increased by 32.9% in January-April 2023

In January-April 2023 period, foreign trade deficit was 43 billion 444 million dollars with a 32.9% increase compared with January-April 2022. In the same period, exports coverage imports was 65.1%, while it was 71.8% in January-April 2022.

The ratio of manufacturing industries products in total exports was 94.8% in April 2023

In April 2023, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.8%, 3.1%, 1.6%, respectively.

In January-April 2023 period, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.5%, 3.6%, 1.5%, respectively.

The ratio of intermediate goods in total imports was 73.2% in April 2023

In April 2023, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 73.2%,13.9%,12.9%, respectively.

In January-April 2023 period, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 76.0%,12.8%,11.1%, respectively.

The main partner for exports was Germany in April 2023

In April 2023, the main partner country for exports was Germany with 1 billion 590 million dollars. The country was followed by USA with 1 billion 163 million dollars, Iraq with 970 million dollars, Italy with 954 million dollars and United Kingdom with 945 million dollars. The ratio of the first five countries in total exports was 29.1% in April 2023.

In January-April 2023 period, the main partner country for exports was Germany with 7 billion 115 million dollars. The country was followed by USA with 4 billion 751 million dollars, Italy with 4 billion 177 million dollars, Russia with 3 billion 943 million dollars, and United Kingdom with 3 billion 878 million dollars. The ratio of the first five countries in total exports was 29.5% in January-April 2023.

The main partner for imports was Russia in April 2023

In April 2023, the top country for Türkiye's imports was Russia with 4 billion 177 million dollars. The country was followed by China with 3 billion 691 million dollars, Germany with 2 billion 175 million dollars, Italy with 1 billion 153 million dollars, USA with 1 billion 117 million dollars. The ratio of first five countries in total imports was 43.9% in April 2023.

In January-April 2023 period, the top country for Türkiye's imports was Russia with 17 billion 253 million dollars. The country was followed by China with 14 billion 136 million dollars, Switzerland with 9 billion 482 million dollars, Germany with 8 billion 757 million dollars, USA with 4 billion 821 million dollars. The ratio of first five countries in total imports was 43.8% in January-April 2023.

Seasonally and calendar adjusted exports decreased by 4.5%

In April 2023, seasonally and calendar adjusted exports and imports decreased by 4.5%, 1.0% respectively compared with previous month. In April 2023, while calendar adjusted exports decreased by 9.6%, imports increased by 1.1% compared with April 2022.

Ratio of exports of high-tech products in manufacturing industries was 4.0%

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 April 2023. The ratio of high-technology products in manufacturing industries exports was 4.0%. The ratio of manufacturing industries products in total exports was 94.5% in January-April 2023. In January-April 2023 period, the ratio of high-technology products in manufacturing industries exports was 3.7%.

The ratio of manufacturing industries products in total imports was 80.0%. The ratio of high-technology products in manufacturing industries' imports was 10.7% in April 2023. The ratio of manufacturing industries' products in total imports was 77.4% in January-April 2023. The ratio of high-technology products in manufacturing industries' imports was 10.3% in January-April 2023.

According to the special trade system, exports were 17 billion 706 million dollars in April 2023

According to the special trade system, in April 2023, exports were 17 billion 706 million dollars with a 19.6% decrease and imports were 25 billion 888 million dollars with a 10.1% decrease compared with April 2022.

In April 2023 foreign trade deficit was 8 billion 182 million dollars with a 20.6% increase compared with April 2022.

Exports coverage imports was 68.4%, while it was 76.5% in April 2022.

Exports were 73 billion 829 million dollars in January-April 2023

According to the special trade system, exports were 73 billion 829 million dollars with a 6.1% decrease and imports were 116 billion 948 million dollars with a 4.6% increase compared with January-April 2022.

In January-April 2023 period, foreign trade deficit was 43 billion 120 million dollars with a 30.2% increase compared with January-April 2022.

Exports coverage imports was 63.1%, while it was 70.4% in January-April 2022. (ILKHA)



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