In July, exports were 16 billion 415 million dollars with a 10.2% increase and imports were 20 billion 693 million dollars with a 16.8% increase compared with July 2020.
Exports and imports increased by 34.9%, 25.8% in January-July period
In January-July 2021 period, exports were 121 billion 325 million dollars with a 34.9% increase and imports were 146 billion 802 million dollars with a 25.8% increase compared with January-July 2020.
Energy products and non-monetary gold excluded exports and imports increased by 8.9%, 24.0% respectively in July
Exports, excluding energy products and non-monetary gold, were 15 billion 720 million dollars with an 8.9% increase in July 2021. Imports, excluding energy products and non-monetary gold, were 16 billion 566 million dollars with a 24.0% increase in July 2021.
Foreign trade deficit, excluding energy products and non-monetary gold, was 846 million dollars in July 2021.
Foreign trade volume was 32 billion 287 million dollars with a 16.1% increase. Energy products and non-monetary gold excluded export coverage imports was 94.9%.
The foreign trade deficit increased by 51.3% in July
In July, foreign trade deficit was 4 billion 278 million dollars with a 51.3% increase compared with July 2020. In July 2021, exports coverage imports was 79.3%, while it was 84.0% in July 2020.
The foreign trade deficit decreased by 4.7% in January-July period
In January-July period, foreign trade deficit was 25 billion 477 million dollars with a 4.7% decrease compared with January-July 2020. In the same period, exports coverage imports was 82.6% while it was 77.1% in January-July 2020.
The ratio of manufacturing industries products in total exports was 94.7% in July
In July, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.7%, 2.6%, 2.1%, respectively.
In January-July period, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.5%, 3.2%, 1.9%, respectively.
The ratio of intermediate goods in total imports was 77.8% in July
In July, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 77.8%,12.9%, 8.9%, respectively.
In January-July 2021 period, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 76.0%,13.9%,10.0%, respectively.
The main partner for exports was Germany in July
In July, the main partner country for exports was Germany with 1 billion 446 million dollars. The country was followed by USA with 1 billion 57 million dollars, United Kingdom with 983 million dollars, Italy with 803 million dollars, and Iraq with 772 million dollars. The ratio of the first five countries in total exports was 30.8% in July 2021.
In January-July period, the main partner country for exports was Germany with 10 billion 832 million dollars. The country was followed by USA with 7 billion 830 million dollars, the United Kingdom with 7 billion 227 million dollars, Italy with 6 billion 277 million dollars and Iraq with 5 billion 663 million dollars. The ratio of the first five countries in total exports was 31.2% in January-July 2021.
The main partner for imports was China in July 2021
In July, the top country for Turkey's imports was China with 2 billion 657 million dollars. The country was followed by Russia with 2 billion 453 million dollars, Germany with 1 billion 630 million dollars, USA with 937 million dollars and Italy with 905 million dollars. The ratio of first five countries in total imports was 41.5% in July 2021.
In January-July period, the top country for Turkey's imports was China with 17 billion 800 million dollars. The country was followed by Russia with 15 billion 85 million dollars, Germany with 12 billion 903 million dollars, USA with 6 billion 885 million dollars, Italy with 6 billion 490 million dollars. The ratio of first five countries in total imports was 40.3% in January-July 2021.
Seasonally and calendar adjusted exports decreased by 1.1%
In July 2021, while seasonally and calendar adjusted exports decreased 1.1%, imports increased by 4.2% compared with previous month. In July, calendar adjusted exports and imports increased by 26.4%, 31.4% respectively compared with July 2020.
Ratio of exports of high-tech products in manufacturing industries was 2.9%
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 94.7% in July. The ratio of high-technology products in manufacturing industries exports was 2.9%. The ratio of manufacturing industries products in total exports was 94.5% in January-July 2021.In January-July 2021 period, the ratio of high-technology products in manufacturing industries exports was 3.0%.
The ratio of manufacturing industries' products in total imports was 74.8%. The ratio of high-technology products in manufacturing industries' imports was 13.1% in July 2021. The ratio of manufacturing industries' products in total imports was 78.2% in January-July 2021. The ratio of high-technology products in manufacturing industries' imports was 12.8% in January-July 2021.
According to the special trade system, exports were 15 billion 620 million dollars in July
According to the special trade system, in July, exports were 15 billion 620 million dollars with a 10.4% increase and imports were 19 billion 841 million dollars with a 15.7% increase compared with July 2020.
In July 2021 foreign trade deficit was 4 billion 221 million dollars with a 40.4% increase compared with July 2020.
Exports coverage imports was 78.7%, while it was 82.5% in July 2020.
Exports were 115 billion 122 million dollars in January-July 2021
According to the special trade system, exports were 115 billion 122 million dollars with a 35.3% increase and imports were 141 billion 89 million dollars with a 26.3% increase compared with January-July 2020.
In January-July period, foreign trade deficit was 25 billion 967 million dollars with a 2.6% decrease compared with January-July 2020.
Exports coverage imports was 81.6%, while it was 76.1% in January-July 2020. (ILKHA)
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