November 7, 2022
In October 2022, compared to the same month of the previous year;
Exports of Türkiye increased by 2.8% and reached 21 billion 298 million dollars,
Imports increased by 31.9% and reached 29 billion 303 million dollars,
Foreign trade volume increased by 17.9% and reached 50 billion 601 million dollars
In the January-October period of 2022, compared to the same period of the previous year;
Exports increased by 15.4% and reached 209 billion 450 million dollars,
Imports increased by 39.5% and reached 300 billion 553 million dollars,
Foreign trade volume increased by 28.5% and reached 510 billion 3 million dollars.
The countries to which Türkiye exports the most in October are respectively;
Germany decreased by 0.6% to 1 billion 679 million dollars, Iraq increased by 26.0% to 1 billion 418 million dollars and the USA decreased by 0.01% to 1 billion 306 million dollars. The share of the top 10 countries with the largest share in exports in total exports was 48.0%.
The countries Türkiye imports the most in October are respectively;
Russian Federation increased by 106.9% to 5 billion 33 million dollars, China increased by 12.6% to 2 billion 842 million dollars and Switzerland increased by 1.469.4% to 2 billion 436 million dollars. The share of the top 10 countries with the largest share in imports in total imports was 58.4%.
According to the classification of Broad Economic Groups (BEC) in October, the highest export was made in the “Raw Materials (Intermediate Goods)” group with 10 billion 475 million dollars (0.6% increase). This group was followed by “Consumption Goods” with 7 billion 928 million dollars (0.3% increase) and “Investment (Capital) Goods” with 2 billion 728 million dollars (21.7% increase).
Source: The Republic of Türkiye Ministry of Trade
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