While our exports decreased by 0.9% in November, our imports increased by 15.9%.
According to the temporary foreign trade data announced within the scope of the general trade system jointly created by TURKSTAT and the Ministry of Trade; In November 2020, our exports decreased by 0.9% to 16 billion 94 million dollars and increased by 15.9% to 21 billion 127 million dollars compared to the same month of the previous year.
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Foreign Trade by Months, November 2020 Million, ABD $ |
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Export (FOB) |
Import (CİF) |
Trade Balance |
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Changing |
Value |
Changing |
Value |
Changing |
Value |
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TOT |
Months |
Year |
Value |
(%) |
Value |
(%) |
Value |
(%) |
(%) |
January-November |
2019 |
165 446 |
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190 290 |
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-24,844 |
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-22 858 |
86,9 |
2020 |
151 670 |
-8,3 |
197 014 |
3,5 |
-45,344 |
82,50 |
-40 272 |
77 |
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The share of high-tech products in our exports was 3.3%
According to technology levels, foreign trade data includes the products included in the ISIC Rev.4 classification. In November, according to ISIC Rev.4, the share of manufacturing industry products in total exports was 93.5%. The share of high technology products in the exports of manufacturing industry products is 3.3%. In the January-November period, the share of high-tech products in exports of manufacturing industry products was 3.4%.
The share of manufacturing industry products in total imports in November 2020 is 82.9%. The share of high technology products in imports of manufacturing industry products is 12%. In the January-November period, the share of manufacturing industry products in total imports was 81.9%. In this period, the share of high technology products in imports of manufacturing industry products was 13.1%.
Manufacturing Industry Products Foreign Trade According to Technology Intensity January-November 2020, Million $
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Jan-Nov. |
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2020 |
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Technology Intensity |
Value |
Share |
Changing |
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EXPORT |
% |
Total Manufacture |
143 191 |
100 |
-8,70 |
High Teçh Product |
4 839 |
3,4 |
-10,5 |
Middle-High Tech. Product |
51 113 |
35,7 |
-10,3 |
Middle-Low Tech. Product |
39 021 |
27,3 |
-9,2 |
Low Tech. Product |
48 221 |
33,7 |
-6,3 |
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IMPORT |
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Total Manufacture |
161 414 |
100 |
10,1 |
High Teçh Product |
21 082 |
13,1 |
6,2 |
Middle-High Tech. Product |
66 577 |
41,2 |
10,1 |
Middle-Low Tech. Product |
56 140 |
34,8 |
19,6 |
Low Tech. Product |
17 616 |
10,9 |
-8,9 |