Turkey: Foreign Trade Statistics, November 2013

Down below are Foreign Trade Statistics for November 2013, as issues by Turkish Statistical Institute

Exports increased by 3.6% and imports increased by 2.2%

According to the provisional data, produced with the cooperation of the Turkish Statistical Institute and the Ministry of Customs and Trade, in November 2013; exports were 14 252 Million Dollars with a 3.6% increase and imports were 21 403 Million Dollars with a 2.2% increase compared with November 2012.

Foreign trade deficit decreased by 0.6%

At the same month, foreign trade deficit decreased by 0.6% from 7 195 Million Dollars to 7 151 Million Dollars.

In November 2013, exports coverage imports was 66.6%, while it was 65.7% in November 2012.

Seasonally and calendar adjusted exports increased by 4%

Seasonally and calendar adjusted exports increased by 4% and imports decreased by 0.9% compared with previous month. Calendar adjusted exports increased by 3.4% and imports increased by 6% compared with November 2012.

Exports to the European Union (EU-28) increased by 8.7%

Due to the fact that Croatia has been an EU member state since July 2013, data related to the EU country group has been prepared including 28 member states. This is applied to the data related to 2013 and previous years to make comparison.

As compared with the same month of the previous year, exports to the EU-28 increased by 8.7% from 5 782 Million Dollars to 6 287 Million Dollars. The proportion of the EU countries was 44.1% in November 2013, while it was 42% in November 2012.

The main partner for exports was Germany

In November 2013, the main partner country for exports was Germany with 1 369 Million Dollars and increased by 12.4%. For exports, Germany was followed by Iraq (1 217 Million Dollars), the United Kingdom (898 Million Dollars) and Russia (655 Million Dollars).

The top country for imports was Russia

For November 2013, the top country for Turkey’s imports was Russia (2 340 Million Dollars), records for imports range from Germany (2 131 Million Dollars), China (2 071 Million Dollars) and Italy (1 115 Million Dollars).

Vehicles other than railway are forfront in exports according to chapters

For November 2013, “vehicles other than railway or tramway rolling-stock, parts thereof” has the highest value exported at 1 700 Million Dollars and then, “boilers, machineries and mechanical appliances, parts thereof” (1 234 Million Dollars), “electrical machineries and equipments, parts there of” (935 Million Dollars) and “knitted and crocheted goods and articles thereof” (919 Million Dollars).

At the same period, the top categories for imports were “mineral fuels and oils” (4 776 Million Dollars) and then “boilers, machinery and mechanical appliances” (2 537 Million Dollars), “electrical machineries and equipments, parts there of” (1 750 Million Dollars), “vehicles other than railway or tramway rolling-stock, parts thereof” (1 585 Million Dollars) and “iron and steel” (1 487 Million Dollars).

03.01.2013
SOURCE: TUIK