Turkey Exports

Exports from Turkey grew 4.6 percent from a year earlier to USD 14.5 billion in April 2019, as shipments of manufactured products, which accounted for 95 percent of total sales, rose 5.1 percent. Also, exports of mining and quarrying advanced 2.7 percent, while those of agriculture, hunting and forestry fell 10.2 percent. Among major trading partners, exports increased mainly to Iraq (18.6 percent), the US (15.6 percent), Spain (0.4 percent), Israel (9.9 percent), the UAE (40.2 percent) and Saudi Arabia (40.8 percent), but decreased to Germany (-8.8 percent), the UK (-3.6 percent) and Italy (-0.8 percent). Exports in Turkey averaged 3180.70 USD Million from 1957 until 2019, reaching an all time high of 15678 USD Million in October of 2018 and a record low of 7.10 USD Million in August of 1958.

Exports in Turkey is expected to be 15500.00 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 17900.00 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	-2982.01	-2153.16	24.51	-10453.06	USD Million	[+]
Current Account	-1334.00	-613.00	2630.00	-9407.00	USD Million	[+]
Current Account to GDP	-3.50	-5.60	1.90	-8.90	percent	[+]
Imports	17461.95	17621.60	23245.30	15.00	USD Million	[+]
Exports	14479.94	15468.44	15678.00	7.10	USD Million	[+]
External Debt	444878.00	448452.00	466657.00	43911.00	USD Million	[+]
Terms of Trade	100.43	100.96	147.63	93.96	Index Points	[+]
Capital Flows	-2418.00	4460.00	9186.00	-6814.00	USD Million	[+]
Foreign Direct Investment	13200.00	10900.00	22046.00	1800.00	USD Million	[+]
Remittances	15.00	15.00	574.00	15.00	USD Million	[+]
Tourism Revenues	1685.00	1359.00	4947.00	79.00	USD Million	[+]
Tourist Arrivals	3293176.00	2232358.00	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	55.00	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 June of 2019.