According to the temporary foreign trade data produced within the scope of the general trade system in cooperation with the Turkish Statistical Institute and the Ministry of Trade; In November 2022, exports increased by 2.1% compared to the same month of the previous year and reached 21 billion 900 million dollars, while imports increased by 14.0% and reached 30 billion 656 million dollars.
In the January-November period, exports increased by 13.9% and imports by 36.6%
According to the general trade system, in the January-November period of 2022, exports increased by 13.9% compared to the same period of the previous year and reached 231 billion 295 million dollars, while imports increased by 36.6% and reached 331 billion 100 million dollars.
Exports excluding energy products and gold increased by 3.1% and imports by 0.4% in November
Exports excluding energy products and non-monetary gold increased by 3.1% in November 2022 from 19 billion 862 million dollars to 20 billion 471 million dollars.
In November, imports excluding energy products and non-monetary gold increased by 0.4% from 20 billion 206 million dollars to 20 billion 295 million dollars.
Foreign trade surplus excluding energy products and non-monetary gold was 175 million dollars in November. Foreign trade volume increased by 1.7% and reached 40 billion 766 million dollars. In the said month, the ratio of exports to imports excluding energy and gold was 100.9%.
Foreign trade deficit increased by 60.7% in November
In November, foreign trade deficit increased by 60.7% compared to the same month of the previous year and rose to 8 billion 756 million dollars from 5 billion 447 million dollars. While the import coverage ratio of exports was 79.8% in November 2021, it decreased to 71.4% in November 2022.
Foreign trade deficit increased by 153.4% in the January-November period
In the January-November period, the foreign trade deficit increased by 153.4% and rose from 39 billion 380 million dollars to 99 billion 805 million dollars. While the export-import coverage ratio was 83.8% in the January-November period of 2021, it decreased to 69.9% in the same period of 2022.
In November, the share of manufacturing industry in total exports was 94.2%
According to economic activities, in November 2022, the share of the manufacturing industry was 94.2%, the share of the agriculture, forestry and fisheries sector was 3.7%, and the share of the mining and quarrying sector was 1.6%.
In the January-November period, the share of the manufacturing industry in exports was 94.6%, the share of the agriculture, forestry and fishery sector was 3.0%, and the share of the mining and quarrying sector was 1.8%, according to economic activities.
In November, the share of intermediate goods in total imports was 77.3%
According to the broad economic groups classification, in November 2022, the share of intermediate goods was 77.3%, the share of capital goods was 12.1% and the share of consumer goods was 10.4%.
In imports, the share of intermediate goods was 80.9%, the share of capital goods was 10.9% and the share of consumption goods was 8.2% in the January-November 2022 period.
Germany was the country with the most exports in November
In November, Germany took the first place in exports. While exports to Germany amounted to 1 billion 859 million dollars; USA with 1 billion 447 million dollars, Iraq with 1 billion 302 million dollars, Russian Federation with 1 billion 156 million dollars and Italy with 1 billion 78 million dollars. Exports to the first 5 countries accounted for 31.2% of total exports.
Germany took the first place in exports in the January-November period. While the export to Germany is 19 billion 339 million dollars, this country is respectively; USA with 15 billion 502 million dollars, Iraq with 12 billion 602 million dollars, the United Kingdom with 11 billion 946 million dollars, and Italy with 11 billion 306 million dollars. Exports to the first 5 countries accounted for 30.6% of total exports.
Russian Federation took the first place in imports
The Russian Federation took the first place in imports. While imports from the Russian Federation amounted to 4 billion 681 million dollars in November; China with 3 billion 121 million dollars, Germany with 2 billion 236 million dollars, Switzerland with 2 billion 215 million dollars, and Italy with 1 billion 217 million dollars. Imports from the first 5 countries accounted for 43.9% of total imports.
In the January-November period, the Russian Federation took the first place in imports. While the imports from the Russian Federation amounted to 54 billion 308 million dollars, respectively; China with 37 billion 712 million dollars, Germany with 21 billion 564 million dollars, the USA with 14 billion 45 million dollars, and Switzerland with 12 billion 873 million dollars. Imports from the first 5 countries accounted for 42.4% of total imports.
Export by country, November 2022 Import by country, November 2022
According to the seasonal and calendar adjusted series, exports increased by 0.4%
According to the seasonal and calendar adjusted series; In November 2022, exports increased by 0.4% compared to the previous month, while imports decreased by 0.4%. According to the calendar adjusted series; In November 2022, compared to the same month of the previous year, exports increased by 2.2% and imports increased by 14.4%.
The share of high-tech products in manufacturing industry exports was 3.7%
Foreign trade data by technology intensity covers manufacturing industry products included in ISIC Rev.4 classification. According to ISIC Rev.4, the share of manufacturing industry products in total exports was 94.2% in November. The share of high technology products in the export of manufacturing industry products is 3.7%. According to ISIC Rev.4, the share of manufacturing industry products in total exports in the January-November period is 94.6%. In the January-November period, the share of high-tech products in exports of manufacturing industry products was 3.0%.
In November, the share of manufacturing industry products in total imports was 75.8%. The share of high technology products in manufacturing industry products imports is 9.8%. In the January-November period, the share of manufacturing industry products in total imports was 71.4%. In the January-November period, the share of high technology products in the imports of manufacturing industry products was 9.7%.
Foreign trade of manufacturing industry products by technology intensity, November 2022
According to the special trade system, exports were 20 billion 58 million dollars in November 2022.
According to the special trade system, in November 2022, exports decreased by 1.3% compared to the same month of the previous year and amounted to 20 billion 58 million dollars, while imports increased by 9.1% to 28 billion 299 million dollars.
In November, the foreign trade deficit increased by 46.7% from 5 billion 616 million dollars to 8 billion 240 million dollars. While the import coverage ratio of exports was 78.3% in November 2021, it decreased to 70.9% in November 2022.
Exports were 214 billion 476 million dollars in the January-November period of 2022
According to the special trade system, in the January-November period of 2022, exports increased by 11.4% compared to the same period of the previous year and amounted to 214 billion 476 million dollars, while imports increased by 33.5% to 311 billion 463 million dollars.
In the January-November period, the foreign trade deficit increased by 137.8% and rose from 40 billion 793 million dollars to 96 billion 987 million dollars. While the export-import coverage ratio was 82.5% in the January-November period of 2021, it decreased to 68.9% in the same period of 2022.
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