According to the provisional data, produced with the cooperation of the Turkish Statistical Institute and the Ministry of Trade, in March 2021; exports were 18 billion 984 million dollars with a 42.2% increase and imports were 23 billion 637 million dollars with a 25.6% increase compared with March 2020.
Exports and imports increased by 17.2%, 9.6% in January-March 2021
In January-March 2021 period, exports were 49 billion 986 million dollars with a 17.2% increase and imports were 61 billion 29 million dollars with 9.6% increase compared with January-March 2020.
Energy products and non-monetary gold excluded exports and imports increased by 41.6%, 36.7% respectively in March
Exports, excluding energy products and non-monetary gold, were 17 billion 985 million dollars with a 41.6% increase in March 2021. Imports, excluding energy products and non-monetary gold, were 19 billion 627 million dollars with a 36.7% increase in March 2021.
Foreign trade deficit, excluding energy products and non-monetary gold, was 1 billion 643 million dollars in March 2021. Foreign trade volume was 37 billion 612 million dollars with a 39.0% increase. Energy products and non-monetary gold excluded export coverage imports was 91.6%
The foreign trade deficit decreased by 14.9% in March 2021
In March 2021 foreign trade deficit was 4 billion 653 million dollars with a 14.9% decrease compared with March 2020. In March 2021, exports coverage imports was 80.3%, while it was 70.9% in March 2020.
The foreign trade deficit decreased by 15.2% in January-March 2021
In January-March 2021 period, foreign trade deficit was 11 billion 43 million dollars with a 15.2% decrease compared with January-March 2020. In the same period, exports coverage imports was 81.9% while it was 76.6% in January-March 2020.
The ratio of manufacturing industries products in total exports was 94.9% in March 2021
In March 2021, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.9%, 3.1%, 1.6%, respectively.
In January-March 2021 period, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.3%, 3.5%, 1.7%, respectively.
The ratio of intermediate goods in total imports was 74.8% in March 2021
In March 2021, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 74.8%, 14.7%, 10.3%, respectively.
In January-March 2021 period, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 75.3%, 14.2%, 10.3%, respectively.
The main partner for exports was Germany in March 2021
In March 2021, the main partner country for exports was Germany with 1 billion 675 million dollars. The country was followed by USA with 1 billion 243 million dollars, United Kingdom with 1 billion 64 million dollars, Italy with 979 million dollars, and Iraq with 927 million dollars. The ratio of the first five countries in total exports was 31.0% in March 2021.
In January-March 2021 period, the main partner country for exports was Germany with 4 billion 623 million dollars. The country was followed by USA with 3 billion 90 million dollars, the United Kingdom with 2 billion 837 million dollars, Italy with 2 billion 677 million dollars and Iraq with 2 billion 376 million dollars. The ratio of the first five countries in total exports was 31.2% in January-March 2021.
The main partner for imports was China in March 2021
In March 2021, the top country for Turkey's imports was China with 2 billion 812 million dollars. The country was followed by Russia with 2 billion 537 million dollars, Germany with 2 billion 235 million dollars, Italy with 1 billion 76 million dollars and USA with 1 billion 71 million dollars. The ratio of first five countries in total imports was 41.2% in March 2021.
In January-March 2021 period, the top country for Turkey's imports was China with 7 billion 253 million dollars. The country was followed by Russia with 6 billion 71 million dollars, Germany with 5 billion 447 million dollars, Italy with 2 billion 679 million dollars, USA with 2 billion 650 million dollars. The ratio of first five countries in total imports was 39.5% in January-March 2021.
Seasonally and calendar adjusted exports increased by 4.2%
In March 2021, while seasonally and calendar adjusted exports and imports increased by 4.2%, 5.5% respectively compared with previous month. In March 2021, calendar adjusted exports and imports increased by 37.7%, 22.4% respectively compared with March 2020.
Ratio of exports of high-tech products in manufacturing industries was 3.4%
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 94.9% in March 2021. The ratio of high-technology products in manufacturing industries exports was 3.4%. The ratio of manufacturing industries products in total exports was 94.3% in January-March 2021.In January-March 2021 period, the ratio of high-technology products in manufacturing industries exports was 3.1%.
The ratio of manufacturing industries' products in total imports was 79.2%. The ratio of high-technology products in manufacturing industries' imports was 13.6% in March 2021. The ratio of manufacturing industries' products in total imports was 79.2% in January-March 2021. The ratio of high-technology products in manufacturing industries' imports was 13.3% in January-March 2021.
According to the special trade system, exports were 17 billion 997 million dollars in March 2021
According to the special trade system, in March 2021, exports were 17 billion 997 million dollars with a 42.8% increase and imports were 22 billion 774 million dollars with a 26.8% increase compared with March 2020.
In March 2021 foreign trade deficit was 4 billion 777 million dollars with a 10.8% decrease compared with March 2020.
Exports coverage imports was 79.0%, while it was 70.2% in March 2020.
Exports were 47 billion 325 million dollars in January-March 2021
According to the special trade system, exports were 47 billion 325 million dollars with a 17.3% increase and imports were 59 billion 185 million dollars with a 10.6% increase compared with January-March 2020.
In January-March 2021 period, the foreign trade deficit was 11 billion 860 million dollars with a 10.0% decrease compared with January-March 2020.
Exports coverage imports was 80.0%, while it was 75.4% in January-March 2020. (ILKHA)
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