12.08.2020
Export and Import Expectation Indices realized for the 3rd quarter of 2020.
09 July, 2020 – Foreign Trade Expectation Survey (FTES) reflects assessments of Turkish leading foreign trade firms regarding recent and current situations along with their future expectations. Particularly, it helps to produce indices that can be stated as leading indicators.
FTEI > 100: A positive outlook to the foreign trade by the leading firms covered by the Foreign Trade Expectation Survey.
FTEI < 100: A negative outlook to the foreign trade by the leading firms covered by the Foreign Trade Expectation Survey.
*: Foreign Trade Expectation Index
According to the Survey conducted between the dates of June 2 – 18, 2020; Export Expectation Index realized as 83.5 in the 3rd quarter of 2020. Diffusion indices of survey questions composing the Export Expectation Index show that, in the 3rd quarter of 2020, expectations regarding exports and export orders for the next 3 months have positive effect over the Index, while the level of current export orders and the export orders of the last 3 months have negative effect over the Index.
Import Expectation Index realized as 82.3 in the 3rd quarter of 2020. Among the survey questions identifying the Import Expectation Index, the expectations regarding the imports and import unit price for the next 3 months have positive effect over the Index while the level of current import orders and the level of import orders of the last 3 months have negative effect over the Index.
Source: Ministry of Trade of Republic of Turkey
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