According to the provisional data, produced with the cooperation of the Turkish Statistical Institute and the Ministry of Trade, in February 2022; exports were 20 billion 4 million dollars with a 25.4% increase and imports were 27 billion 885 million dollars with a 44.5% increase compared with February 2021.
Exports and imports increased by 21.4%, 49.2% respectively in January-February 2022
In January-February 2022 period, exports were 37 billion 580 million dollars with a 21.4% increase and imports were 55 billion 733 million dollars with a 49.2% increase compared with January-February 2021.
Energy products and non-monetary gold excluded exports and imports increased by 25.5%, 26.8% respectively in February
Exports, excluding energy products and non-monetary gold, were 19 billion 130 million dollars with a 25.5% increase in February 2022. Imports, excluding energy products and non-monetary gold, were 19 billion 690 million dollars with a 26.8% increase in February 2022.
Foreign trade deficit, excluding energy products and non-monetary gold, was 560 million dollars in February 2022.
Foreign trade volume was 38 billion 820 million dollars with a 26.2% increase. Energy products and non-monetary gold excluded export coverage imports was 97.2%.
The foreign trade deficit increased by 135.5% in February 2022
In February 2022 foreign trade deficit was 7 billion 881 million dollars with a 135.5% increase compared with February 2021. In February 2022, exports coverage imports was 71.7%, while it was 82.7% in February 2021.
The foreign trade deficit increased by %183.3 in January-February 2022
In January-February 2022 period, foreign trade deficit was 18 billion 153 million dollars with a 183.3% increase compared with January-February 2021. In the same period, exports coverage imports was 67.4% while it was 82.8% in January-February 2021.
The ratio of manufacturing industries products in total exports was 94.4% in February 2022
In February 2022, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.4%, 3.4%, 1.5%, respectively.
In January-February 2022 period, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 93.9%, 3.7%, 1.8%, respectively.
The ratio of intermediate goods in total imports was 82.8% in February 2022
In February 2022, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 82.8%,9.7%, 7.4%, respectively.
In January-February 2022 period, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 83.4%,9.8%,6.8%, respectively.
The main partner for exports was Germany in February 2022
In February 2022, the main partner country for exports was Germany with 1 billion 785 million dollars. The country was followed by USA with 1 billion 299 million dollars, United Kingdom with 1 billion 98 million dollars, Italy with 1 billion 85 million dollars and Iraq with 1 billion 70 million dollars. The ratio of the first five countries in total exports was 31.7% in February 2022.
In January-February 2022 period, the main partner country for exports was Germany with 3 billion 402 million dollars. The country was followed by USA with 2 billion 519 million dollars, Italy with 2 billion 109 million dollars, the United Kingdom with 2 billion 45 million dollars, and Iraq with 1 billion 953 million dollars. The ratio of the first five countries in total exports was 32.0% in January-February 2022.
The main partner for imports was Russia in February 2022
In February 2022, the top country for Türkiye's imports was Russia with 3 billion 858 million dollars. The country was followed by China with 3 billion 176 million dollars, Germany with 1 billion 835 million dollars, USA with 1 billion 60 million dollars and India with 1 billion 58 million dollars. The ratio of first five countries in total imports was 39.4% in February 2022.
In January-February 2022 period, the top country for Türkiye's imports was Russia with 8 billion 496 million dollars. The country was followed by China with 6 billion 270 million dollars, Germany with 3 billion 275 million dollars, USA with 2 billion 339 million dollars, Italy with 1 billion 780 million dollars. The ratio of first five countries in total imports was 39.8% in January-February 2022.
Seasonally and calendar adjusted exports increased by 4.2%
In February 2022, while seasonally and calendar adjusted exports increased by 4.2% imports decreased by 3.0% compared with previous month. In February 2022, calendar adjusted exports and imports increased by 25.5%, 44.6% respectively compared with February 2021.
Ratio of exports of high-tech products in manufacturing industries was 2.8%
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 94.4% in February 2022. The ratio of high-technology products in manufacturing industries exports was 2.8%. The ratio of manufacturing industries products in total exports was 93.9% in January-February 2022. In January-February 2022 period, the ratio of high-technology products in manufacturing industries exports was 2.6%.
The ratio of manufacturing industries' products in total imports was 68.1%. The ratio of high-technology products in manufacturing industries' imports was 9.5% in February 2022. The ratio of manufacturing industries' products in total imports was 65.6% in January-February 2022. The ratio of high-technology products in manufacturing industries' imports was 9.7% in January-February 2022.
According to the special trade system, exports were 18 billion 836 million dollars in February 2022
According to the special trade system, in February 2022, exports were 18 billion 836 million dollars with a 25.2% increase and imports were 26 billion 460 million dollars with a 42.4% increase compared with February 2021.
In February 2022 foreign trade deficit was 7 billion 625 million dollars with a 116.0% increase compared with February 2021.
Exports coverage imports was 71.2%, while it was 81.0% in February 2021.
Exports were 35 billion 514 million dollars in January-February 2022
According to the special trade system, exports were 35 billion 514 million dollars with a 21.3% increase and imports were 53 billion 290 million dollars with a 46.4% increase compared with January-February 2021.
In January-February 2022 period, foreign trade deficit was 17 billion 776 million dollars with a 150.1% increase compared with January-February 2021.
Exports coverage imports was 66.6%, while it was 80.5% in January-February 2021. (ILKHA)
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