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 65,7% and our imports increased by 54,0% in May.


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; Our exports increased by 65,7 % to 16 billion 498 million dollars in May 2021 compared to the same month of the previous year, and our imports increased by 54,0% to 20 billion 627 million dollars.
 
                   
                   
  Foreign Trade by Months, May 2021  Million, ABD $    
    Export (FOB) Import (CİF) Trade Balance  
    Changing Value Changing Value Changing Value    
                TOT
Months Year Value (%) Value (%) Value (%) (%)
May 2020 9 958   13 394   -3 436     74,3
2021 16 498 65,7 20 627  54,0 -4 129  -20,2   80,0
                   
 
The share of high-tech products in our exports was 2,7%
 
According to technology levels, foreign trade data includes the products included in the ISIC Rev.4 classification. In May, according to ISIC Rev.4, the share of manufacturing industry products in total exports was 94.1%. The share of high technology products in exports of manufacturing industry products is 2,7%.
 
The share of manufacturing industry products in total imports in May 2021 is 78.4%. The share of high technology products in imports of manufacturing industry products is 12.7%.
 
Manufacturing Industry Products Foreign Trade According to Technology Intensity May 2021, Million $
 
      May    
      2021  
Technology Intensity Value Share Changing
      EXPORT %
Total Manufacture 15 519 100 66,1
       High Teçh Product  421 2,7 19,8
       Middle-High Tech. Product 5 156 33,2 65,6
      Middle-Low Tech. Product 5 220 33,6 73,2
       Low Tech. Product 4 720 30,4 65,0
      IMPORT %
Total Manufacture 16 179 100 47,1
High Teçh Product 1 847 14,4 36,5
      Middle-High Tech. Product 7 885 48,7 72,3
Middle-Low Tech. Product 4 949 20,0 34,4
       Low Tech. Product 1 598 9,9 9,1