Turkstat announced the April 2019 Foreign Trade Statistics. Accordingly, exports increased by 4.6 percent, imports decreased by 15.1 percent.
According to the provisional data, produced with the cooperation of the Turkish Statistical Institute and the Ministry of Trade, in April 2019; exports were 14 billion 480 million dollars with a 4.6% increase and imports were 17 billion 462 million dollars with a 15.1% decrease compared with April 2018. The foreign trade deficit decreased by 55.6% In April 2019 foreign trade deficit was 2 billion 982 million dollars with a 55.6% decrease compared with April 2018. In April 2019, exports coverage imports was 82.9% while it was 67.4% in April 2018. Seasonally and calendar adjusted exports decreased by 3.8%Seasonally and calendar adjusted exports and imports decreased by 3.8% and 2.4%, respectively compared with the previous month. Calendar adjusted exports increased by 1.5% while imports decreased by 17.9% compared with April 2018.
The main partner for exports was GermanyIn April 2019, the main partner country for exports was Germany with 1 billion 243 million dollars. The country was followed by the United Kingdom with 819 million dollars, Italy with 777 million dollars and Iraq with 754 million dollars. The top country for Turkey's imports was Russia with 1 billion 861 million dollars. The country was followed by China with 1 billion 458 million dollars, Germany with 1 billion 454 million dollars and the USA with 925 million dollars.
The ratio of high-tech products in manufacturing industries exports was 3.2%Foreign trade by technology intensity covers the manufacturing industries' products in the classification of ISIC Rev.3. According to the ISIC Rev.3, the ratio of manufacturing industries products in total exports was 95% in April. The ratio of high-technology products in manufacturing industries exports was 3.2%. The ratio of manufacturing industries' products in total imports was 75.5%. The ratio of high-technology products in manufacturing industries imports was 12.9% in April 2019.
According to general trade system exports were 15 billion 267 million dollars According to the general trade system in April 2019, exports were 15 billion 267 million dollars with a 5.3% increase and imports were 18 billion 73 million dollars with a 14.8% decrease compared with April 2018. Exports coverage imports was 84.5% in April 2019.
ILKHA