According to the provisional data, produced with the cooperation of the Turkish Statistical Institute and the Ministry of Trade, in October; exports were 21 billion 328 million dollars with a 3.0% increase and imports were 29 billion 202 million dollars with a 31.4% increase compared with October 2021.
Exports and imports increased by 15.4%, 39.4% respectively in January-October
In January-October 2022 period, exports were 209 billion 394 million dollars with a 15.4% increase and imports were 300 billion 443 million dollars with a 39.4% increase compared with January-October 2021.
Energy products and non-monetary gold excluded exports and imports increased by 1.0%, 12.8% respectively in October
Exports, excluding energy products and non-monetary gold, were 19 billion 766 million dollars with a 1.0% increase in October 2022. Imports, excluding energy products and non-monetary gold, were 18 billion 637 million dollars with a 12.8% increase in October 2022.
The foreign trade surplus, excluding energy products and non-monetary gold, was 1 billion 129 million dollars in October 2022.
Foreign trade volume was 38 billion 402 million dollars with a 6.4% increase. Energy products and non-monetary gold excluded export coverage imports was 106.1%.
The foreign trade deficit increased by 421.7% in October
In October 2022 foreign trade deficit was 7 billion 874 million dollars with a 421.7% increase compared with October 2021. In October 2022, exports coverage imports was 73.0%, while it was 93.2% in October 2021.
The foreign trade deficit increased by 168.3% in January-October
In January-October 2022 period, foreign trade deficit was 91 billion 49 million dollars with a 168.3% increase compared with January-October 2021. In the same period, exports coverage imports was 69.7% while it was 84.3% in January-October 2021.
The ratio of manufacturing industries products in total exports was 94.7% in October
In October 2022, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.7%, 3.1%, 1.7%, respectively.
In January-October 2022 period, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.7%, 2.9%, 1.8%, respectively.
The ratio of intermediate goods in total imports was 79.3% in October
In October 2022, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 79.3%,11.5%, 9.1%, respectively.
In January-October 2022 period, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 81.2%,10.8%,8.0%, respectively
The main partner for exports was Germany in October
In October 2022, the main partner country for exports was Germany with 1 billion 688 million dollars. The country was followed by Iraq with 1 billion 418 million dollars, USA with 1 billion 308 million dollars, Russia with 1 billion 146 million dollars, and United Kingdom with 1 billion 107 million dollars. The ratio of the first five countries in total exports was 31.3% in October 2022.
In January-October 2022 period, the main partner country for exports was Germany with 17 billion 463 million dollars. The country was followed by USA with 14 billion 55 million dollars, Iraq with 11 billion 302 million dollars, United Kingdom with 10 billion 908 million dollars, and Italy with 10 billion 229 million dollars. The ratio of the first five countries in total exports was 30.5% in January-October 2022.
The main partner for imports was Russia in October
In October 2022, the top country for Türkiye's imports was Russia with 4 billion 989 million dollars. The country was followed by China with 2 billion 850 million dollars, Switzerland with 2 billion 384 million dollars, Germany with 1 billion 963 million dollars and USA with 1 billion 215 million dollars. The ratio of first five countries in total imports was 45.9% in October 2022.
In January-October 2022 period, the top country for Türkiye's imports was Russia with 49 billion 626 million dollars. The country was followed by China with 34 billion 591 million dollars, Germany with 19 billion 327 million dollars, USA with 13 billion 22 million dollars, Italy with 11 billion 456 million dollars. The ratio of first five countries in total imports was 42.6% in January-October 2022.
Seasonally and calendar adjusted exports decreased by 2.9%
In October 2022, seasonally and calendar adjusted exports and imports decreased by 2.9%,4.6% respectively compared with previous month. In October 2022, calendar adjusted exports and imports increased by 2.6%, 29.6% respectively compared with October 2021.
The ratio of exports of high-tech products in manufacturing industries was 3.9%
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 October 2022.
The ratio of high-technology products in manufacturing industries exports was 3.9%. The ratio of manufacturing industries products in total exports was 94.7% in January-October 2022. In January-October 2022 period, the ratio of high-technology products in manufacturing industries exports was 2.9%.
The ratio of manufacturing industries' products in total imports was 74.8%. The ratio of high-technology products in manufacturing industries' imports was 9.8% in October 2022. The ratio of manufacturing industries' products in total imports was 70.9% in January-October 2022. The ratio of high-technology products in manufacturing industries' imports was 9.7% in January-October 2022.
According to the special trade system, exports were 19 billion 504 million dollars in October
According to the special trade system, in October 2022, exports were 19 billion 504 million dollars with a 1.3% decrease and imports were 27 billion 498 million dollars with a 27.3% increase compared with October 2021.
In October 2022 foreign trade deficit was 7 billion 994 million dollars with a 332.7% increase compared with October 2021. Exports coverage imports was 70.9%, while it was 91.4% in October 2021.
Exports were 194 billion 417 million dollars in January-October
According to the special trade system, exports were 194 billion 417 million dollars with a 12.9% increase and imports were 283 billion 163 million dollars with a 36.6% increase compared with January-October 2021.
In January-October 2022 period, foreign trade deficit was 88 billion 746 million dollars with a 152.3% increase compared with January-October 2021.
Exports coverage imports was 68.7%, while it was 83.0% in January-October 2021. (ILKHA)
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