Press release
Foreign Trade Data — August 2019
In August 2019, exports rose by 1.69% and imports fell by 0.27%. Ministry of Trade data show a 9.88% decline in Türkiye’s foreign trade deficit.
Türkiye’s Exports and Imports under the General Trade System (GTS) — Ministry of Trade Data
Türkiye’s foreign trade figures for August 2019 show that exports increased by 1.69% compared with the same month of the previous year, while imports decreased by 0.27%.
Compared with August of the previous year:
- Exports rose by 1.69% to USD 13.150 billion.
- Imports fell by 0.27% to USD 15.526 billion.
- Foreign trade volume increased by 0.62% to USD 28.676 billion.
The foreign trade deficit narrowed by 9.88%, from USD 2.636 billion in August 2018 to USD 2.376 billion.
The export-to-import coverage ratio was 84.70% in August.
The export-to-import coverage ratio increased from 83.07% in August 2018 to 84.70% in August 2019.
Foreign Trade Data under GTS (USD Million)
| Foreign Trade | August 2018 | August 2019 | August Change (%) | January–August 2018 | January–August 2019 | January–August Change (%) |
|---|---|---|---|---|---|---|
| Exports | 12,932 | 13,150 | 1.69 | 113,991 | 117,252 | 2.86 |
| Imports | 15,568 | 15,526 | -0.27 | 164,792 | 136,914 | -16.92 |
| Foreign Trade Volume | 28,500 | 28,676 | 0.62 | 278,783 | 254,167 | -8.83 |
| Foreign Trade Balance | -2,636 | -2,376 | -9.88 | -50,801 | -19,662 | -61.30 |
| Export-to-Import Coverage Ratio (%) | 83.1 | 84.7 | — | 69.2 | 85.6 | — |
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