Foreign Trade Statistics, December 2015

Exports decreased by 11.1%, imports decreased by 17.5%

Turkey Statistical Institute with the Ministry of Customs and Trade, according to the provisional foreign trade data, created in collaboration; In December 2015, exports decreased by 11.1% compared to the same month of 2014 and reached USD 11 billion 802 million and imports decreased by 17.5% to USD 17 billion 984 million.

Foreign trade deficit decreased by 27.4%

In December, the foreign trade deficit decreased by 27.4% from $ 8 billion 519 million to $ 6 billion 183 million.

The ratio of exports to imports increased from 60.9% in December 2014 to 65.6% in December 2015.

Exports decreased by 1.3% compared to seasonally and calendar adjusted series

According to the season and calendar adjusted series; In December 2015, exports decreased by 1.3% and imports increased by 2.9% compared to the previous month. According to the calendar adjusted series; In December 2015, exports and imports decreased by 11.1% and 17.6% compared to the same month of the previous year.



Exports to EU increased by 1.7%

The share of the European Union (EU-28) in exports was 40.2% in December 2014 and 46% in December 2015. Exports to the EU increased by 1.7% compared to the same month of 2014 and reached 5 billion 428 million dollars.

Germany was the most exported country

Exports to Germany amounted to $ 1 billion 150 million in December 2015, followed by the UK ($ 764 million), Italy ($ 638 million) and the United States ($ 590 million), respectively.

China ranked first in imports

Imports from China in December 2015 was 2 billion 154 million dollars. Germany (2 billion 38 million dollars), Russia (1 billion 686 million dollars) and the United States (961 million dollars) followed.

 


Share of high-tech products in manufacturing industry exports was 4.4%

According to the technology density, the foreign trade data includes the products of the manufacturing industry within the ISIC Rev.3 classification. According to ISIC Rev.3, the share of manufacturing industry products in total exports was 91.7% in December. The share of high-tech products in exports of manufacturing industry products is 4.4% and the share of medium-high-tech products is 35.9%.

Share of high-tech products in manufacturing industry imports was 16.5%

The share of manufacturing industry products in total imports is 81.4%. In December 2015, the share of high technology products in imports of manufacturing industry products was 16.5% and the share of medium high technology products was 45.5%.