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No: 2483229 December 2017Hrs: 10:00 |
Foreign Trade Statistics, November 2017 Exports and imports increased by 11.2% and 21.3%, respectively According to the provisional data, produced with the cooperation of the Turkish Statistical Institute and the Ministry of Customs and Trade, in November 2017; exports were 14 billion 217 million dollars with a 11.2% increase and imports were 20 billion 537 million dollars with a 21.3% increase compared with November 2016. Foreign trade deficit increased by 52.4% In November 2017 foreign trade deficit was 6 billion 320 million dollars with a 52.4% increase compared with November 2016. In November 2017, exports coverage imports was 69.2% while it was 75.5% in November 2016. Seasonally and calendar adjusted exports increased by 1.6% Seasonally and calendar adjusted exports increased by 1.6% while imports decreased by 2.4% compared with previous month. Calendar adjusted exports and imports increased by 11.1% and 21.4%, respectively compared with November 2016. ![]() Exports to the European Union increased by 17% As compared with the same month of the previous year, exports to the EU-28 increased by 17% from 5 billion 967 million dollars to 6 billion 983 million dollars. The proportion of the EU countries was 49.1% in November 2017 while it was 46.7% in November 2016. The main partner for exports was Germany In November 2017, the main partner country for exports was Germany with 1 billion 376 million dollars. The country was followed by the United Kingdom with 908 million dollars, Italy with 839 million dollars and USA with 733 million dollars. The top country for imports was Germany In November 2017, the top country for Turkey’s imports was Germany with 1 billion 982 million dollars. The country was followed by China with 1 billion 981 million dollars, Russia with 1 billion 906 million dollars and Italy with 1 billion 16 million dollars. ![]() ![]() 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.3. According to the ISIC Rev.3, the ratio of manufacturing industries products in total exports was 92.8% in November. The ratio of high-technology products in manufacturing industries was 3.9%. The ratio of medium-high-technology products in manufacturing industries’ products was 36.3%. Ratio of imports of high-tech products in manufacturing industries was 15.7% The ratio of manufacturing industries’ products in total imports was 81.1%. The ratio of high-technology products in manufacturing industries’ products was 15.7% in November 2017. The ratio of medium-high-technology products in manufacturing industries’ products was 42.7%. ![]() ![]() The next release on this subject will be on January 31, 2018. | |
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