According to the provisional data, produced with the cooperation of the Turkish Statistical Institute and the Ministry of Trade, in November 2021; exports were 21 billion 506 million dollars with a 33.7% increase and imports were 26 billion 908 million dollars with a 27.3% increase compared with November 2020.
Exports and imports increased by 33.8%, 23.0% respectively in January-November
In January-November 2021 period, exports were 203 billion 94 million dollars with a 33.8% increase and imports were 242 billion 443 million dollars with a 23.0% increase compared with January-November 2020.
Energy products and non-monetary gold excluded exports and imports increased by 27.0%, 26.1% respectively in November
Exports, excluding energy products and non-monetary gold, were 19 billion 898 million dollars with a 27.0% increase in November 2021. Imports, excluding energy products and non-monetary gold, were 20 billion 213 million dollars with a 26.1% increase in November 2021.
The foreign trade deficit, excluding energy products and non-monetary gold, was 315 million dollars in November 2021.
Foreign trade volume was 40 billion 111 million dollars with a 26.5% increase. Energy products and non-monetary gold excluded export coverage imports was 98.4%.
The foreign trade deficit increased by 6.9% in November
In November 2021 foreign trade deficit was 5 billion 402 million dollars with a 6.9% increase compared with November 2020. In November 2021, exports coverage imports was 79.9%, while it was 76.1% in November 2020.
The foreign trade deficit decreased by 13.2% in January-November
In January-November 2021 period, the foreign trade deficit was 39 billion 350 million dollars with a 13.2% decrease compared with January-November 2020. In the same period, exports coverage imports was 83.8% while it was 77.0% in January-November 2020.
The ratio of manufacturing industries products in total exports was 94.0% in November
In November 2021, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.0%, 3.6%, 1.7%, respectively.
In January-November 2021 period, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.6%, 3.1%, 1.8%, respectively.
The ratio of intermediate goods in total imports was 79.4% in November
In November 2021, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 79.4%,12.0%, 8.4%, respectively.
In January-November 2021 period, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 77.2%,13.3%,9.4%, respectively.
The main partner for exports was Germany in November
In November 2021, the main partner country for exports was Germany with 1 billion 759 million dollars. The country was followed by United Kingdom with 1 billion 479 million dollars, USA with 1 billion 373 million dollars, Iraq with 1 billion 215 million dollars, and Italy with 1 billion 124 million dollars. The ratio of the first five countries in total exports was 32.3% in November 2021.
In January-November 2021 period, the main partner country for exports was Germany with 17 billion 545 million dollars. The country was followed by USA with 13 billion 208 million dollars, the United Kingdom with 12 billion 372 million dollars, Italy with 10 billion 324 million dollars and Iraq with 9 billion 970 million dollars. The ratio of the first five countries in total exports was 31.2% in January-November 2021.
The main partner for imports was China in November
In November 2021, the top country for Turkey's imports was China with 3 billion 38 million dollars. The country was followed by Russia with 2 billion 964 million dollars, Germany with 1 billion 866 million dollars, USA with 1 billion 189 million dollars and Italy with 1 billion 123 million dollars. The ratio of first five countries in total imports was 37.8% in November 2021.
In January-November 2021 period, the top country for Turkey's imports was China with 29 billion 100 million dollars. The country was followed by Russia with 25 billion 576 million dollars, Germany with 19 billion 742 million dollars, USA with 11 billion 704 million dollars, Italy with 10 billion 429 million dollars. The ratio of first five countries in total imports was 39.8% in January-November 2021.
Seasonally and calendar adjusted exports increased by 1.2%
In November 2021, seasonally and calendar adjusted exports and imports increased by 1.2%, 13.2% respectively compared with previous month. In November 2021, calendar adjusted exports and imports increased by 29.4%, 24.0% respectively compared with November 2020.
Ratio of exports of high-tech products in manufacturing industries was 3.2%
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 94.0% in November 2021. The ratio of high-technology products in manufacturing industries exports was 3.2%. The ratio of manufacturing industries products in total exports was 94.6% in January-November 2021.In January-November 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 71.7%. The ratio of high-technology products in manufacturing industries' imports was 11.3% in November 2021. The ratio of manufacturing industries' products in total imports was 76.7% in January-November 2021. The ratio of high-technology products in manufacturing industries' imports was 12.5% in January-November 2021.
According to the special trade system, exports were 20 billion 368 million dollars in November
According to the special trade system, in November 2021, exports were 20 billion 368 million dollars with a 33.1% increase and imports were 25 billion 892 million dollars with a 30.3% increase compared with November 2020.
In November 2021 foreign trade deficit was 5 billion 524 million dollars with a 21.2% increase compared with November 2020.
Exports coverage imports was 78.7%, while it was 77.0% in November 2020.
Exports were 192 billion 585 million dollars in January-November
According to the special trade system, exports were 192 billion 585 million dollars with a 34.0% increase and imports were 233 billion 236 million dollars with a 23.7% increase compared with January-November 2020.
In January-November 2021 period, foreign trade deficit was 40 billion 651 million dollars with a 9.2% decrease compared with January-November 2020.
Exports coverage imports was 82.6%, while it was 76.3% in January-November 2020. (ILKHA)
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