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


Our exports increased by 16% and our imports increased by 11.6% in December


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 December 2020, our exports increased by 16.0% to 17 billion 850 million dollars and our imports increased by 11.6% to 22 billion 381 million dollars.
  
In the January-December period, it decreased by 6.3%, imports increased by 4.3%. 

Exports decreased by 6.3% to 169 billion 482 million dollars in the January-December period of 2020 compared to the same period of the previous year, and imports increased by 4.3% to 219 billion 397 million dollars.

                   
                   
  Foreign Trade by Months, December 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 3.8%
 
According to the technology levels, foreign trade data includes the products included in the ISIC Rev.4 classification. In December, according to ISIC Rev.4, the share of manufacturing industry products in total exports was 93.2%. The share of high technology products in the exports of manufacturing industry products is 3.8%. In the January-December 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 December 2020 is 81.6%. The share of high technology products in imports of manufacturing industry products is 12.8%. In the January-December 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 is 81.9%.

Manufacturing Industry Products Foreign Trade According to Technology Intensity January-December 2020, Million $

      Jan-Dec.    
      2020  
Technology Intensity Value Share Changing
      EXPORT %
Total Manufacture 159 796 100 -8,8
       High Teçh Product  5 470 3,4 -10,5
       Middle-High Tech. Product 57 320 35,9 -8,0
      Middle-Low Tech. Product 39 021 27,3 -9,2
       Low Tech. Product 48 221 33,7 -6,3
      IMPORT  
Total Manufacture 179 690 100 10,8
High Teçh Product 23 418 13,0 6,4
      Middle-High Tech. Product 74 898   10,1
Middle-Low Tech. Product 61 140 34,8 18,8
       Low Tech. Product 19 456 10,8 -8,5