Exports and imports decreased by 10.2% and 11.9%, respectively in April 2016

Exports and imports decreased by 10.2%  and 11.9%, respectively in April 2016

According to the provisional data, produced with the cooperation of the Turkish Statistical Institute and the Ministry of Customs and Trade, in April 2016; exports were 11 billion 983 million dollars with a 10.2% decrease and imports were 16 billion 190 million dollars with a 11.9% decrease compared with April 2015.
 
Foreign trade deficit decreased by 16.3%...
 
In the same month, foreign trade deficit decreased by 16.3% from 5 billion 24 million dollars to 4 billion   207 million dollars.
 
In April 2016, exports coverage imports was 74%, while it was 72.7% in April 2015.
 
Seasonally and calendar adjusted exports decreased by 5.4%...
 
Seasonally and calendar adjusted exports decreased by 5.4% and imports decreased by 3.3%, compared with previous month. Calendar adjusted exports decreased by 10.4%, imports decreased by 11.5% compared with April 2015.
 
Exports to the European Union (EU-28) increased by 7.5%...
 
As compared with the same month of the previous year, exports to the EU-28 increased by 7.5% from   5 billion 268 million dollars to 5 billion 665 million dollars. The proportion of the EU countries was 47.3% in April 2016, while it was 39.5% in April 2015.
 
The main partner for exports was Germany...
 
In April 2016, the main partner country for exports was Germany with 1 billion 195 million dollars. Germany was followed by the United Kingdom (838 million dollars), Italy (630 million dollars) and the USA (583 million dollars).
 
The top country for imports was China...
 
In April 2016, the top country for Turkey's imports was China (1 billion 831 million dollars), records for imports range from Germany (1 billion  814 million dollars), Russia (1 billion 150 million dollars)  and  the USA (936 million dollars).
 
Ratio of exports of high-tech products in manufacturing industries was 3.9%...
 
Foreign trade by technology intensity covers the manufacturing industries' products in classification of  ISIC Rev.3. According to the ISIC Rev.3, the ratio of manufacturing industries products in total exports was 93.7% in April. The ratio of high-technology products in manufacturing industries was 3.9%. The ratio of medium-high-technology products in manufacturing industries' products was 34.6%.
 
Ratio of imports of high-tech products in manufacturing industries was 16.6%... 
 
The ratio of manufacturing industries' products in total imports was 84.6%. The ratio of high-technology products in  manufacturing industries' products was 16.6% in April 2016. The ratio of medium-high-technology products in manufacturing industries' products was 46.8%.
 

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