Faculty of Economics, Administrative and Social Sciences - iisbf@gelisim.edu.tr
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 Faculty of Economics, Administrative and Social Sciences - iisbf@gelisim.edu.tr

International Trade And Business








 Current Foreign Trade Data




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.
                   
                   
  Foreign Trade by Months, November 2020  Million, ABD $    
    Export (FOB) Import (CİF) Trade Balance  
    Changing Value Changing Value Changing Value    
                TOT
Months Year Value (%) Value (%) Value (%)      (%)
January-November 2019 165 446   190 290   -24,844   -22 858 86,9
2020 151 670 -8,3 197 014 3,5 -45,344 82,50 -40 272 77
                   
 
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 $
      Jan-Nov.    
      2020  
Technology Intensity Value Share Changing
      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
      IMPORT  
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