According to the discontinuous foreign trade data produced within the scope of the general trade system in cooperation with the Turkish Statistical Institute and the Ministry of Commerce; In November 2023, exports increased by 5,2% compared to the same month of the previous year, reaching 22 billion 999 million dollars, and imports decreased by 5,7%, reaching 28 billion 916 million dollars.
In the January-November period, exports increased by 0,7% and imports increased by 0,5%
According to the general trade system, exports increased by 2023% in the January-November period of 0,7 compared to the same period of the previous year, reaching 232 billion 810 million dollars, and imports increased by 0,5%, reaching 332 billion 736 million dollars.
Exports excluding power products and gold increased by 1,6% and imports increased by 6,7% in November
Exports, excluding energy products and non-cash gold, increased by 2023% in November 1,6, from 20 billion 451 million dollars to 20 billion 773 million dollars.
In November, imports excluding power products and non-cash gold increased by 6,7%, from 20 billion 294 million dollars to 21 billion 650 million dollars.
Foreign trade deficit, excluding energy products and non-financial gold, was 877 million dollars in November. Foreign trade volume increased by 4,1% and reached 42 billion 423 million dollars. In the month in question, the export-import coverage ratio, excluding power and gold, was 96,0%.
Foreign trade deficit decreased by 32,6% in November
In November, foreign trade deficit decreased by 32,6% compared to the same month of the previous year, from 8 billion 784 million dollars to 5 billion 918 million dollars. While the export-import coverage ratio was 2022% in November 71,3, it increased to 2023% in November 79,5.
Foreign trade deficit increased by 0,1% in the January-November period
In the January-November period, the foreign trade deficit increased by 0,1%, from 99 billion 828 million dollars to 99 billion 926 million dollars. While the export-import coverage ratio was 2022% in the January-November period of 69,8, it increased to 2023% in the same period of 70,0.
The share of the manufacturing industry in total exports was 93,3% in November
According to economic activities, in exports, the share of the manufacturing industry was 2023%, the share of agriculture, forestry and fishing was 93,3%, and the share of mining and quarrying was 4,8% in November 1,3.
In terms of economic activities in the January-November period, the share of the manufacturing industry in exports was 94,4%, the share of the agriculture, forestry and fishing department was 3,7%, and the share of the mining and quarrying branch was 1,5%.
The share of intermediate goods in total imports was 67,6% in November
According to the classification of broad economic clusters, in imports, the share of intermediate goods was 2023%, the share of capital goods was 67,6% and the share of consumer goods was 16,9% in November 15,4.
In imports, the share of intermediate goods was 2023%, the share of capital goods was 72,5% and the share of consumer goods was 14,3% in the January-November 13,0 period.
The country with the most exports in November was Germany
Germany ranked first in exports in November. While exports to Germany amounted to 1 billion 750 million dollars, these countries are; It was followed by the United Arab Emirates with 1 billion 365 million dollars, Iraq with 1 billion 285 million dollars, the USA with 1 billion 262 million dollars, and Italy with 1 billion 103 million dollars. Exports to the top 5 countries constituted 29,4% of total exports.
Germany ranked first in exports in the January-November period. While exports to Germany were 19 billion 415 million dollars, these countries were; It was followed by the USA with 13 billion 519 million dollars, Iraq with 11 billion 535 million dollars, Italy with 11 billion 359 million dollars and the United Kingdom with 11 billion 265 million dollars. Exports to the top 5 countries constituted 28,8% of total exports.
China ranked first in imports
China ranked first in imports. While imports from China amounted to 3 billion 555 million dollars in November, these countries are; It was followed by the Russian Federation with 3 billion 458 million dollars, Germany with 2 billion 374 million dollars, the United Arab Emirates with 1 billion 467 million dollars, and the USA with 1 billion 361 million dollars. Imports from the top 5 countries constituted 42,2% of total imports.
China ranked first in imports in the January-November period. While imports from China amounted to 41 billion 711 million dollars, these countries are; It was followed by the Russian Federation with 41 billion 395 million dollars, Germany with 26 billion 170 million dollars, Switzerland with 18 billion 815 million dollars, and the USA with 14 billion 448 million dollars. Imports from the top 5 countries constituted 42,8% of total imports.
Exports increased by 0,7% compared to the seasonally and calendar adjusted series
Compared to the series that is free from seasonal and calendar effects; In November 2023, exports increased by 0,7% compared to the previous month, while imports decreased by 3,1%. Compared to the series free from calendar effects; In November 2023, exports increased by 5,4% compared to the same month of the previous year, while imports decreased by 5,6%.
The share of high-tech products in manufacturing industry exports was 4,0%
According to technology intensity, foreign trade data covers manufacturing industry products within the ISIC Rev.4 classification. According to ISIC Rev.4 in November, the share of manufacturing industry products in total exports was 93,3%. The share of high-tech products in manufacturing industry exports is 4,0%. According to ISIC Rev.4, the share of manufacturing industry products in total exports was 94,4% in the January-November period. In the January-November period, the share of high-tech products in manufacturing industry exports was 3,7%.
In November, the share of manufacturing industry products in total imports was 81,1%. The share of high-tech products in manufacturing industry product imports is 12,6%. In the January-November period, the share of manufacturing industry products in total imports was 80,9%. In the January-November period, the share of high-tech products in manufacturing industry product imports was 10,5%.
According to the special trade system, exports reached 2023 billion 21 million dollars in November 9
According to the special trade system, in November 2023, exports increased by 4,9% compared to the same month of the previous year, reaching 21 billion 9 million dollars, and imports decreased by 2,9%, reaching 27 billion 475 million dollars.
In November, foreign trade deficit decreased by 21,8%, from 8 billion 268 million dollars to 6 billion 467 million dollars. While the export-import coverage ratio was 2022% in November 70,8, it increased to 2023% in November 76,5.
Exports reached 2023 billion 211 million dollars in the January-November period of 647
According to the special trade system, exports decreased by 2023% in the January-November period of 1,3 compared to the same period of the previous year, reaching 211 billion 647 million dollars, and imports increased by 0,1%, reaching 311 billion 739 million dollars.
In the January-November period, foreign trade deficit increased by 3,2%, from 96 billion 992 million dollars to 100 billion 92 million dollars. While the export-import coverage ratio was 2022% in January-November 68,9, it decreased to 2023% in the same period of 67,9.
