Imports to Turkey tumbled 16.9 percent from a year earlier to USD 15.7 billion in February 2019. Purchases of intermediate goods accounted for 78.3 percent of total imports in February and dropped 20.7 percent from a year earlier. Additionally, imports fell for both capital (-23.1 percent) and consumption goods (-35.2 percent). Among major trading partners, imports declined mainly from Russia (-13.0 percent), China (-26.4 percent), Germany (-19.0 percent), the US (-3.4 percent), Italy (-31.6 percent), India (-17.4 percent), Iran (-18.0 percent), France (-49.5 percent) and the UAE (-12.3 percent), but increased to South Korea (44.8 percent). Imports in Turkey averaged 4841.67 USD Million from 1957 until 2019, reaching an all time high of 23245.30 USD Million in May of 2013 and a record low of 15 USD Million in August of 1958.

Imports in Turkey is expected to be 17800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Turkey to stand at 14600.00 in 12 months time. In the long-term, the Turkey Imports is projected to trend around 20100.00 USD Million in 2020, according to our econometric models.

Turkey Imports
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Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -2134.33 -2480.69 24.51 -10453.06 USD Million [+]
Current Account -718.00 -589.00 2618.00 -9407.00 USD Million [+]
Current Account to GDP -3.50 -5.60 1.90 -8.90 percent [+]
Imports 15727.29 15671.10 23245.30 15.00 USD Million [+]
Exports 13592.96 13190.42 15682.14 7.10 USD Million [+]
External Debt 444878.00 448452.00 466657.00 43911.00 USD Million [+]
Terms of Trade 101.68 101.59 147.63 93.96 Index Points [+]
Capital Flows -680.00 2746.00 9186.00 -6779.00 USD Million [+]
Foreign Direct Investment 13200.00 10900.00 22046.00 1800.00 USD Million [+]
Remittances 22.00 18.00 574.00 18.00 USD Million [+]
Tourism Revenues 1428.00 1795.00 4947.00 79.00 USD Million [+]
Tourist Arrivals 1670238.00 1539496.00 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 244.00 311.00 311.00 3.00 USD Million [+]
Crude Oil Production 56.00 58.00 72.00 38.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Turkey Imports

In 2017, Turkey's main imports were: machinery and transport equipment (31 percent of total imports), of which road vehicles (7 percent) and electrical machinery, apparatus and appliances (6 percent); manufactured goods (16 percent), of which iron and steel (5 percent); mineral fuels, lubricants and related materials (16 percent), of which petroleum and petroleum products (4 percent); chemicals and related products (13 percent), of which plastics (4 percent); gold, non-monetary (7 percent); crude materials, inedible, except fuels (7 percent); miscellaneous manufactured articles (6 percent); and food and live animals (4 percent). The country's main imports' sources were: China (10 percent of total imports); Germany (9 percent); Russia (8 percent); the US and Italy (5 percent each); France, Iran, Switzerland, South Korea, the UK, Spain and India (3 percent each). This page provides the latest reported value for - Turkey Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Imports - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
15727.29 15671.10 23245.30 15.00 1957 - 2019 USD Million Monthly




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