According to the provisional data, produced with the cooperation of the Turkish Statistical Institute and the Ministry of Trade, in July 2022; exports were 18 billion 551 million dollars with a 13.4% increase and imports were 29 billion 240 million dollars with a 41.4% increase compared with July 2021.
Exports and imports increased by 19.1%, 40.7% respectively in January-July 2022
In January-July 2022 period, exports were 144 billion 331 million dollars with a 19.1% increase and imports were 206 billion 508 million dollars with a 40.7% increase compared with January-July 2021.
Energy products and non-monetary gold excluded exports and imports increased by 7.4%, 19.3% respectively in July
Exports, excluding energy products and non-monetary gold, were 16 billion 820 million dollars with a 7.4% increase in July 2022. Imports, excluding energy products and non-monetary gold, were 19 billion 763 million dollars with a 19.3% increase in July 2022.
Foreign trade deficit, excluding energy products and non-monetary gold, was 2 billion 943 million dollars in July 2022.
Foreign trade volume was 36 billion 582 million dollars with a 13.5% increase. Energy products and non-monetary gold excluded export coverage imports was 85.1%.
The foreign trade deficit increased by 147.0% in July 2022
In July 2022 foreign trade deficit was 10 billion 690 million dollars with a 147,0% increase compared with July 2021. In July 2022, exports coverage imports was 63.4%, while it was 79.1% in July 2021.
The foreign trade deficit increased by 143.7% in January-July 2022
In January-July 2022 period, foreign trade deficit was 62 billion 177 million dollars with a 143.7% increase compared with January-July 2021. In the same period, exports coverage imports was 69.9% while it was 82.6% in January-July 2021.
The ratio of manufacturing industries products in total exports was 94.2% in July 2022
In July 2022, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.2%, 2.5%, 2.9%, respectively.
In January-July 2022 period, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.5%, 3.0%, 1.9%, respectively.
The ratio of intermediate goods in total imports was 80.5% in July 2022
In July 2022, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 80.5%,11.3%, 8.1%, respectively.
In January-July 2022 period, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 81.9%,10.5%,7.6%, respectively.
The main partner for exports was Germany in July 2022
In July 2022, the main partner country for exports was Germany with 1 billion 490 million dollars. The country was followed by USA with 1 billion 315 million dollars, United Kingdom with 1 billion 15 million dollars, Iraq with 1 billion 2 million dollars, Italy with 850 million dollars and. The ratio of the first five countries in total exports was 30.6% in July 2022.
In January-July 2022 period, the main partner country for exports was Germany with 12 billion 114 million dollars. The country was followed by USA with 9 billion 938 million dollars, the United Kingdom with 7 billion 501 million dollars, Italy with 7 billion 460 million dollars, and Iraq with 7 billion 355 million dollars. The ratio of the first five countries in total exports was 30.7% in January-July 2022.
The main partner for imports was Russia in July 2022
In July 2022, the top country for Türkiye's imports was Russia with 4 billion 374 million dollars. The country was followed by China with 3 billion 804 million dollars, Germany with 1 billion 779 million dollars, Switzerland with 1 billion 446 million dollars and USA with 1 billion 389 million dollars. The ratio of first five countries in total imports was 43.7% in July 2022.
In January-July 2022 period, the top country for Türkiye's imports was Russia with 32 billion 116 million dollars. The country was followed by China with 23 billion 887 million dollars, Germany with 13 billion 279 million dollars, USA with 8 billion 971 million dollars, Italy with 7 billion 956 million dollars. The ratio of first five countries in total imports was 41.7% in January-July 2022.
Seasonally and calendar adjusted exports decreased by 5.5%
In July 2022, while seasonally and calendar adjusted exports decreased by 5.5%, imports increased by 2.2% compared with previous month. In July 2022, calendar adjusted exports and imports increased by 9.3%, 36.0% respectively compared with July 2021.
Ratio of exports of high-tech products in manufacturing industries was 2.2%
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 94.2% in July 2022. The ratio of high-technology products in manufacturing industries exports was 2.2%. The ratio of manufacturing industries products in total exports was 94.5% in January-July 2022. In January-July 2022 period, the ratio of high-technology products in manufacturing industries exports was 2.8%.
The ratio of manufacturing industries' products in total imports was 73.2%. The ratio of high-technology products in manufacturing industries' imports was 10.2% in July 2022. The ratio of manufacturing industries' products in total imports was 69.8% in January-July 2022. The ratio of high-technology products in manufacturing industries' imports was 9.6% in January-July 2022.
According to the special trade system, exports were 16 billion 989 million dollars in July 2022
According to the special trade system, in July 2022, exports were 16 billion 989 million dollars with a 9.2% increase and imports were 26 billion 603 million dollars with a 34.1% increase compared with July 2021.
In July 2022 foreign trade deficit was 9 billion 614 million dollars with a 124.9% increase compared with July 2021.
Exports coverage imports was 63.9%, while it was 78.4% in July 2021.
Exports were 134 billion 958 million dollars in January-July 2022
According to the special trade system, exports were 134 billion 958 million dollars with a 17.3% increase and imports were 194 billion 740 million dollars with a 38.0% increase compared with January-July 2021.
In January-July 2022 period, foreign trade deficit was 59 billion 782 million dollars with a 129.6% increase compared with January-July 2021.
Exports coverage imports was 69.3%, while it was 81.5% in January-July 2021. (ILKHA)
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