July 29, 2022
Foreign Trade Statistics in Türkiye, June 2022
In January-June 2022 period, exports were 125 billion 866 million dollars with a 20.0% increase and imports were 177 billion 267 million dollars with a 40.6% increase compared with January-June 2021.
Energy products and non-monetary gold excluded exports and imports increased by 15.7%, 19.4% respectively in June
2022. Imports, excluding energy products and non-monetary gold, were 22 billion 272 million dollars with a 19.4% increase in June 2022.
In June 2022 foreign trade deficit was 8 billion 167 million dollars with a 184.5% increase compared with June 2021. In June 2022, exports coverage imports was 74.1%, while it was 87.3% in June 2021.
In January-June 2022 period, foreign trade deficit was 51 billion 400 million dollars with a 142.7% increase compared with January-June 2021. In the same period, exports coverage imports was 71.0% while it was 83.2% in January-June 2021.
The ratio of manufacturing industries products in total exports was 94.9% in June 2022
In June 2022, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.9%, 2.9%, 1.7%, respectively.
In January-June 2022 period, according to economic activities, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 94.6%, 3.1%, 1.8%, respectively.
The ratio of intermediate goods in total imports was 81.5% in June 2022
In June 2022, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 81.5%,10.1%, 8.4%, respectively.
In January-June 2022 period, according to the BEC classification, the ratios of intermediate goods, capital goods and consumption goods in total imports were 82.1%,10.3%,7.5%, respectively.
The main partner for exports was Germany in June 2022
In June 2022, the main partner country for exports was Germany with 1 billion 875 million dollars. The country was followed by USA with 1 billion 555 million dollars, United Kingdom with 1 billion 209 million dollars, Iraq with 1 billion 206 million dollars, Italy with 1 billion 150 million dollars and. The ratio of the first five countries in total exports was 29.9% in June 2022.
In January-June 2022 period, the main partner country for exports was Germany with 10 billion 642 million dollars. The country was followed by USA with 8 billion 658 million dollars, Italy with 6 billion 612 million dollars, the United Kingdom with 6 billion 489 million dollars, and Iraq with 6 billion 362 million dollars. The ratio of the first five countries in total exports was 30.8% in January-June 2022.
The main partner for imports was Russia in June 2022
In June 2022, the top country for Türkiye’s imports was Russia with 5 billion 92 million dollars. The country was followed by China with 3 billion 666 million dollars, Germany with 1 billion 997 million dollars, Italy with 1 billion 407 million dollars and USA with 1 billion 335 million dollars. The ratio of first five countries in total imports was 42.7% in June 2022.
Seasonally and calendar adjusted exports increased by 5.5%
In June 2022, seasonally and calendar adjusted exports and imports increased by 5.5%, 0.1% respectively compared with previous month. In June 2022, calendar adjusted exports and imports increased by 19.0%, 40.3% respectively compared with June 2021.
Ratio of exports of high-tech products in manufacturing industries was 2.8%
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 94.9% in June 2022. The ratio of high-technology products in manufacturing industries exports was 2.8%. The ratio of manufacturing industries products in total exports was 94.6% in January-June 2022. In January-June 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 72.2%. The ratio of high-technology products in manufacturing industries’ imports was 8.5% in June 2022. The ratio of manufacturing industries’ products in total imports was 69.3% in January-June 2022. The ratio of high-technology products in manufacturing industries’ imports was 9.5% in January-June 2022.
According to the special trade system, exports were 21 billion 762 million dollars in June 2022
According to the special trade system, in June 2022, exports were 21 billion 762 million dollars with a 15.9% increase and imports were 29 billion 178 million dollars with a 33.3% increase compared with June 2021.
In June 2022 foreign trade deficit was 7 billion 417 million dollars with a 138.3% increase compared with June 2021.
Exports coverage imports was 74.6%, while it was 85.8% in June 2021.
Exports were 118 billion 55 million dollars in January-June 2022
According to the special trade system, exports were 118 billion 55 million dollars with a 18.7% increase and imports were 168 billion 137 million dollars with a 38.7% increase compared with January-June 2021.
In January-June 2022 period, foreign trade deficit was 50 billion 82 million dollars with a 130.1% increase compared with January-June 2021.
Exports coverage imports was 70.2%, while it was 82.0% in January-June 2021.
The next release on this subject will be on August 29, 2022.
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EXPLANATIONS
Foreign trade statistics are calculated according to two different trade systems, general trade system and special trade system.In the general trade system, goods entering and leaving the economic area of a country are covered. In this system, free zones, customs warehouses and goods entering or leaving the free circulation area, which constitute the economic area of the country, are included in the calculations.In the special trade system, customs warehouses and free zones are not included in the statistics, only goods entering and leaving the country’s free circulation area are covered.
Source: Turkish Statistical Institute (TurkStat)
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