Turkey Balance of Trade

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Year-on-year, exports fell to USD 12.13 billion, mainly dragged down by a 2.5 percent fall in sales of manufacturing (93.9 percent of total exports). Also shipments declined for agriculture, hunting and forestry (- 2.8 percent) and fisheries (-16 percent). In contrast, sales of mining and quarrying increased 30.3 percent. Germany was the main export partner (9.2 percent), followed by UAE (7.7 percent), Iraq (6.0 percent) and the United Kingdom (5.8 percent).

Imports rose to USD 15.82 billion, mainly due to a 42.6 percent rise in purchases of mining and quarrying. In contrast, imports declined for manufacturing (-3.1 percent); agriculture, hunting and forestry (-14.1 percent) and fisheries (-6.1 percent). China was the main export partner (10.4 percent), followed by Germany (9.1 percent), Russia (8.2 percent) and France (4.9 percent).

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  1. Norway Balance of Trade Norway recorded a trade surplus of 23.54 NOK billion in February of 2017, a surge of 80.8 percent from the same month a year earlier, as exports jumped while imports fell. Year-on-year, sales grew by 18.0 percent to 71.24 NOK billion, driven by ships and oil platforms (728.5 percent), natural gas condensates (633.8 percent), crude oil (51.9 percent) and natural gas (21.8 percent). Imports declined by 3.7 percent to 47.71 NOK billion, mainly due to a 12.1 percent fall in purchases of food and live animals, a 10.3 percent drop in purchases of beverages and tobacco and...

  2. Peru Balance of Trade Peru trade balance shifted to USD 150 million surplus in January of 2017 from USD 507 million gap in the same period of the previous year. Sales jumped 25.9 percent to USD 3.1 billion, mainly driven by fisheries (483.3 percent), agriculture (31.1 percent), miseries (22.7 percent), oil and gas (97.9 percent), metallurgy and jewellery (40.9 percent). Imports fell 0.5 percent to USD 3 billion, led by industrial capital goods (-4.8 percent), transport equipment (-23.6 percent) and building materials (-41.4 percent). Balance of Trade in Peru averaged 75.02 USD Million from 1957 until 2017, reaching an all time...

  3. Brunei Balance of Trade Brunei trade surplus decreased 41.5 percent year-on-year to BND 203.3 million in December of 2016 compared to a BND 347.7 million surplus a year earlier. Exports fell 23.7 percent, driven by lower sales of: mineral fuels (-27.7 percent), namely liquefied natural gas (-48.6 percent), and manufactured goods (-21.6 percent). Imports declined 4.5 percent due to lower purchases of: machinery and transport equipment (-11.5 percent); manufactured goods (-18.4 percent); miscellaneous manufactured articles (-7.2 percent); food (-3 percent) and crude materials inedible (-45.6 percent). Main export partners were Japan (30.6 percent of total exports); Malaysia (11.3 percent); China (11.1 percent). The highest...

  4. Macau Balance of Trade Macau trade deficit increased to MOP 4.28 billion in February of 2017, compared to a MOP 4.08 billion gap in a year earlier. Exports rose by 27.24 percent to MOP 0.90 billion, driven by tobacco & wine (99.6 percent), diamond & diamond jewellry (93.6 percent), non-textiles (32.4 percent), electronic components (14.2 percent), and watches (8.5 percent). Imports increased by 9.1 percent to MOP 5.18 billion, mainly boosted by watches (50.5 percent), followed by gold jewellry (20.6 percent), handbags & wallets (18.5 percent), garment & footwear (6.3 percent), mobile phone (5.9 percent), and food & beverages (3.4 percent)....

  5. Mongolia Balance of Trade Mongolia recorded a trade surplus of 183 USD Million in February of 2017. Balance of Trade in Mongolia averaged -20.28 USD Million from 1997 until 2017, reaching an all time high of 362.30 USD Million in December of 2016 and a record low of -369.70 USD Million in July of 2012.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=mongoliabt&v=201703160122t&h=300&w=600&ref=/mongolia/balance-of-trade’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/mongolia/balance-of-trade’>tradingeconomics.com</a> Calendar GMT Reference Actual Previous Consensus Forecast 2017-01-17 11:00...

  6. Singapore Balance of Trade Singapore recorded a trade surplus of 3.29 SGD billion in January of 2017, compared to a 5.80 SGD billion surplus a year earlier. It was the smallest trade surplus since October 2014, as total exports increased by 11.1 percent (following a 9.2 percent rise in December) while total imports surge 21.0 percent (compared to a 13.2 percent growth in the preceding month). Total trade rose 15.6 percent, after a 11.0 percent increase in a month earlier. In December 2016, trade surplus came in at 6.12 SGD billion. Balance of Trade in Singapore averaged 735.28 Million SGD from 1964 until 2017,...

  7. Turkey Exports Exports from Turkey increased to $11.28 billion, mainly boosted by a 17.8 percent rise in sales of manufactured products which accounted for 93.2 percent of total sales. Among manufacturing, medium-low-technology products accounted for 25.5 percent and increased 35.87 percent; high-technology products accounted for 3.2 percent and fell 2.4 percent; while medium-high-technology products represented 32.8 percent and rose 20.86 percent. In addition shipments of agriculture, hunting and forestry went up 14.1 percent, fisheries (21.9 percent), and mining and quarrying (35.7 percent). Germany was the main export partner (9.9 percent share), followed by the United Kingdom (6 percent), and UAE (5.8 percent)....

  8. Turkey Imports Turkey’s imports rose a 15.90 percent to USD 15.59 billion, mainly due to a 15.90 percent increase in purchases of manufacturing and a 38.9 percent rise in mining and quarrying. In contrast, imports decreased for agriculture, hunting and forestry (-0.5 percent) and fisheries (-42.5 percent). China was the main import partner (16.41 percent share), followed by Germany (10.52 percent), Russia (13.12 percent) and the USA (6.50 percent). Imports in Turkey averaged 4333.94 USD Million from 1957 until 2016, reaching an all time high of 23245.30 USD Million in May of 2013 and a record low of 15 USD Million in...

  9. Italy Balance of Trade Year-on-year, exports rose 5.7 percent to €36.21 billion from €34.26 billion, boosted by higher sales of: Coke and refined petroleum products (21.8 percent); vehicles (21.3 percent); sport goods, games, musical instruments and other products (12.3 percent); substances and chemicals (11 percent); and base metals (9.7 percent). By contrast, exports fell for transport equipment (-17 percent). By main industrial groups, sales rose for: Energy (24.5 percent); intermediate goods (6.5 percent); capital goods (4.8 percent); and consumer goods (4.3 percent). The biggest increases in shipments were reported for China (20.9 percent); MERCOSUR countries (19.9 percent); Poland (19.1 percent); the US (12.1 percent);...

  10. Colombia Balance of Trade Colombia trade deficit narrowed to USD 0.67 billion in December of 2016 from a USD 1.62 billion gap in 2015, as exports posted the biggest gain since December of 2011 while imports fell. Exports jumped 32.7 percent year-on-year to USD 3.37 billion, driven by sales of fuels and mining products (43 percent vs 4.1 percent in November) and agricultural goods, food and beverages (50.6 percent vs 14.9 percent). Colombia exported Colombia exported 16.9 million barrels of oil in December, a decline of 24.2 percent compared to 22.3 million barrels a year earlier. Imports fell 2.8 percent to USD 4.04 billion,...

  11. China Exports Exports from China declined by 4.1 percent year-on-year to USD181.06 billion in May of 2016, following a 1.8 percent drop in the preceding month and market consensus of a 3.6 percent fall. From January to May 2016, exports dropped by 7.3 percent from the same period a year earlier. Outbound shipments declined for: Chinese herbal and medicine (-13,6 percent), coke and semi-coke (-36.7 percent), crude (-67.2 percent), refined oil (-7.1 percent), mineral fertilizer (-42.4 percent), clothing & accessories (-3.6 percent). Exports were down to: Hong Kong (-4.7 percent), Japan (-6.6 percent), South Korea (-8.7 percent), Taiwan (-10.7 percent), the ASEAN...

  12. United States Exports of NAICS – Agricultural Forestry & Fisher Exports of NAICS – Agricultural Forestry & Fisher in the United States decreased to 7133.80 USD Million in January from 7635.20 USD Million in December of 2016. Exports of NAICS – Agricultural Forestry & Fisher in the United States averaged 5087.94 USD Million from 2003 until 2017, reaching an all time high of 9580 USD Million in November of 2013 and a record low of 2219.10 USD Million in June of 2003.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=usexpaffa&v=201703280328t&h=300&w=600&ref=/united-states/exports-of-naics-agricultural-forestry-fisher’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/united-states/exports-of-naics-agricultural-forestry-fisher’>tradingeconomics.com</a> This...

  13. United States Exports of NAICS – Forestry Products Exports of NAICS – Forestry Products in the United States decreased to -18.90 USD Million in January from 181.30 USD Million in December of 2016. Exports of NAICS – Forestry Products in the United States averaged 172.60 USD Million from 2003 until 2017, reaching an all time high of 274.90 USD Million in April of 2014 and a record low of -18.90 USD Million in January of 2017.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=usexpfora&v=201703280328t&h=300&w=600&ref=/united-states/exports-of-naics-forestry-products’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/united-states/exports-of-naics-forestry-products’>tradingeconomics.com</a> This page includes a chart...

  14. Canada Exports Exports from Canada rose 0.5 percent from the previous month to a record CAD 46.5 billion in January of 2017 boosted by sales of motor vehicles (7.7 percent) and parts and farm, fishing and intermediate foods products (12.8 percent). In addition, canola exports jumped 38.4 percent to a record high reflecting rising Chinese demand. By contrast, sales fell for consumer goods and metal and non-metallic mineral products (-4.6 percent). Excluding energy products, exports rose 0.9 percent. Among major trading partners, exports went up to the US (2.3 percent), China (14 percent), Japan (6.6 percent) and South Korea...

  15. Thailand Balance of Trade Thailand recorded a trade surplus of 1,540 USD million in May of 2016, compared to a 2,416 USD million surplus a year earlier and below market estimates, as exports fell while imports unexpectedly rose. Year-on-year, sales decreased by 4.4 percent to 17,620 USD million, following a 8.0 percent drop in April. Imports were up 0.5 percent to 16,080 USD million, after declining 14.92 percent in April while market expected a 5.45 percent fall. In April 2016, trade surplus was recorded at 721.35 USD million. Balance of Trade in Thailand averaged -62.53 USD Million from 1991 until 2016, reaching an all...

  16. Japan Imports Imports to Japan decreased by 13.8 percent from a year earlier to 5,953.22 JPY billion in May of 2016, the 17th straight month of decline. Purchases fell from most of the country’s trading partners, including China (-9.7 percent), Hong Kong (-16.2 percent), Taiwan (-5.8 percent), South Korea (-21.4 percent), Thailand (-10.4 percent) and Malaysia (-20.0 percent). Imports also declined from the US (-8.5 percent), Russia (-26.0 percent), the EU countries (-1.5 percent), the Middle East (-30.7 percent) and South Africa (-28.4 percent). In contrast, imports rose from Germany (+11.1 percent, Italy (+11.3 percent) and Belgium (+37.4 percent). Purchases decreased for...

  17. Malaysia Balance of Trade Malaysia Trade Surplus Widens In February Malaysia reported a MYR 8.7 billion trade surplus in February of 2017, compared to a MYR 7.35 billion surplus a year earlier and beating market consensus of a MYR 6.05 billion surplus. Year-on-year exports surged 26.5 percent to MYR 71.8 billion, following a 13.6 percent rise in January and beating market consensus of a 17.9 percent growth. Exports increase for the fourth straight month boosted by electrical & electronic products (22.4 percent to MYR 24.6 billion, 34.2 percent of total exports), palm oil and palm based products (62.8 percent to MYR 7.0 billion, 9.7...

  18. Serbia Balance of Trade Serbian trade deficit widened to USD 319.1 million in January of 2017 compared to USD 238 million gap a year ago. Exports rose 7.6 percent to USD 995.9 million, driven by food and live animals (12.9 percent); electrical machinery (24.2 percent); articles of apparel and clothing accessories (7.8 percent); power-generating machinery (33.7 percent); non-ferrous metals (12.1 percent). Imports went up 13 percent to USD 1315 million, driven by petroleum (25.8 percent) and electrical machinery (32.6 percent). Export increased to Germany (6.4 percent), Russia (16.9 percent) and Bulgaria (91.5 percent). Imports were up from Germany (25.4 percent), China...

  19. China Imports Imports to China dropped by 0.4 percent to USD131.08 billion in May of 2016 while markets expected a 6.0 percent fall. It is the 19th straight month of contraction, as a result of declining commodity prices and weak demand. From January to May 2016, imports decreased by 10.3 percent year-on-year. Purchases from most of the country’s trading partners declined except Hong Kong, Vietnam and Brazil. Those from India fell by 18.3 percent, followed by Japan (-5.1 percent), South Korea (-11.3 percent), Taiwan (-2.7 percent), the ASEAN countries (-14.0 percent) and the EU countries (-5.2 percent). Purchases also dropped from the...

  20. Canada Balance of Trade Exports rose 0.5 percent to a record CAD 46.5 billion. Higher exports of motor vehicles and parts (7.7 percent), as well as farm, fishing, and intermediate food products (12.8 percent) were the largest contributors to the increase. Also, canola exports jumped 38.4 percent to a record high of  CAD 845 million, reflecting higher Chinese demand for Canadian canola. These increases were partially offset by declines in exports of consumer goods, as well as metal and non-metallic mineral products. In January, exports excluding energy products rose 0.9 percent. Exports to the United States rose 2.3 percent to CAD 34.6 billion, led by...