Turkey Exports

Exports from Turkey slumped 14.3 percent from a year earlier to USD 11.08 billion in June 2019, as shipments of manufactured products, which accounted for 94 percent of total sales, tumbled 14.6 percent. Also, exports of mining and quarrying declined 8.1 percent, while those of agriculture, hunting and forestry fell 9.4 percent. Among major trading partners, exports decreased mainly to Germany (-17.8 percent), the UK (-22.4 percent), Italy (-24.6 percent), Iraq (-8.3 percent), the US (-22.3 percent), Spain (-21.6 percent), Romania (-10.7 percent) and Russia (-2.1 percent). By contrast, sales rose to France (10.7 percent) and the Netherlands (41.1 percent). Exports in Turkey averaged 3208.22 USD Million from 1957 until 2019, reaching an all time high of 15956.30 USD Million in May of 2019 and a record low of 7.10 USD Million in August of 1958.

Exports in Turkey is expected to be 15600.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Turkey to stand at 16200.00 in 12 months time. In the long-term, the Turkey Exports is projected to trend around 20200.00 USD Million in 2020, according to our econometric models.

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Turkey Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-3177.27	-1862.81	24.51	-10453.06	USD Million	[+]
Current Account	-548.00	317.00	2619.00	-9407.00	USD Million	[+]
Current Account to GDP	-3.50	-5.60	1.90	-8.90	percent	[+]
Imports	14259.10	17819.11	23245.30	15.00	USD Million	[+]
Exports	11081.83	15956.30	15956.30	7.10	USD Million	[+]
External Debt	453423.00	444878.00	466657.00	43911.00	USD Million	[+]
Terms of Trade	102.91	101.32	147.63	93.96	Index Points	[+]
Capital Flows	3326.00	-1892.00	9186.00	-6815.00	USD Million	[+]
Foreign Direct Investment	13200.00	10900.00	22046.00	1800.00	USD Million	[+]
Remittances	13.00	18.00	574.00	13.00	USD Million	[+]
Tourism Revenues	3338.00	2640.00	4947.00	79.00	USD Million	[+]
Tourist Arrivals	5318984.00	4022254.00	5671801.00	213998.00		[+]
Gold Reserves	261.10	253.50	261.10	116.10	Tonnes	[+]
Terrorism Index	7.04	7.52	7.52	4.62		[+]
Weapons Sales	364.00	245.00	364.00	3.00	USD Million	[+]
Crude Oil Production	56.00	54.00	72.00	38.00	BBL/D/1K	[+]

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Turkey Exports

In 2017, Turkey's major exports were: machinery and transport equipment (31 percent of total exports), of which road vehicles (15 percent) and electrical machinery, apparatus and appliances (6 percent); manufactured goods (25 percent), of which textile yarn, fabrics, made-up articles (7 percent), iron and steel (6 percent) and manufactures of metals (4 percent); miscellaneous manufactured articles (18 percent), of which articles of apparel and clothing accessories (10 percent); food and live animals (9 percent), of which fruits and vegetables (4 percent); chemicals and related products (6 percent); and gold,non-monetary (4 percent). Turkey's main export partners were: Germany (10 percent of total exports); the UK, the UAE, Iraq and the US (6 percent each); Italy (5 percent); France and Spain (4 percent each). This page provides the latest reported value for - Turkey Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Exports - actual data, historical chart and calendar of releases - was last updated on August of 2019.