{"id":1454,"date":"2024-08-29T00:24:05","date_gmt":"2024-08-28T21:24:05","guid":{"rendered":"https:\/\/www.lojistiknakliye.com\/?p=1454"},"modified":"2024-08-29T00:24:05","modified_gmt":"2024-08-28T21:24:05","slug":"dis-ticaret-aciginda-hizli-gerileme","status":"publish","type":"post","link":"https:\/\/www.lojistiknakliye.com\/en\/dis-ticaret-aciginda-hizli-gerileme\/","title":{"rendered":"Rapid decline in foreign trade deficit"},"content":{"rendered":"
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According to TurkStat data, in July, the foreign trade deficit decreased by 41.8 percent compared to the same month of the previous year and fell from 12 billion 532 million dollars to 7 billion 295 million dollars.<\/p>\n

The export-to-import ratio rose from 61.2 percent in July 2023 to 75.5 percent in July 2024.<\/p>\n

According to the temporary foreign trade data produced within the scope of the general trade system in cooperation with the Turkish Statistical Institute and the Ministry of Trade; In July 2024, exports increased by 13.8 percent compared to the same month of the previous year to 22 billion 510 million dollars, imports decreased by 7.8 percent to 29 billion 805 million dollars.<\/p>\n<\/div>\n

Foreign trade deficit decreased by 32.4 percent in January-July<\/b><\/p>\n

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In the January-July period, the foreign trade deficit decreased by 32.4 percent from 73 billion 857 million dollars to 49 billion 938 million dollars. The ratio of exports to imports rose from 65.9 percent in January-July 2023 to 74.9 percent in the same period of 2024.
In July, the share of the manufacturing industry in total exports was 94.5 percent<\/p>\n

In the January-July period, exports increased by 4.1 percent, imports decreased by 8.3 percent<\/b><\/p>\n

According to the general trade system, exports in the January-July period of 2024 increased by 4.1 percent compared to the same period of the previous year to 148 billion 738 million dollars, imports decreased by 8.3 percent to 198 billion 676 million dollars.<\/p>\n

Exports, excluding energy products and non-monetary gold, increased by 13.0 percent in July 2024 from $18 billion 157 million to $20 billion 524 million.<\/p>\n

In July, imports excluding energy products and non-monetary gold decreased by 4.2 percent from 24 billion 536 million dollars to 23 billion 506 million dollars.<\/p>\n

Excluding energy products and non-monetary gold, the foreign trade deficit amounted to 2 billion 982 million dollars in July. Foreign trade volume increased by 3.1 percent to 44 billion 30 million dollars. Exports, excluding energy and gold, met imports by 87.3 percent in the month in question.<\/p>\n

According to economic activities, the share of the manufacturing industry in July 2024 was 94.5 percent, the share of the agriculture, forestry and fishery sector was 2.8 percent, and the share of the mining and quarrying sector was 2.1 percent.<\/p>\n

In the January-July period, according to economic activities, the share of the manufacturing industry in exports was 94.3 percent, the share of the agriculture, forestry and fishery sector was 3.6 percent, and the share of the mining and quarrying sector was 1.7 percent.<\/p>\n

In July, the share of intermediate goods in total imports was 68.6 percent<\/p>\n

According to the broad economic groups classification, the share of intermediate goods in imports in July 2024 was 68.6 percent, the share of capital goods 15.9 percent and the share of consumer goods 15.3 percent.<\/p>\n

In imports, in the January-July period of 2024, the share of intermediate goods was 69.7 percent, the share of capital goods was 14.8 percent and the share of consumer goods was 15.3 percent.
Germany was the country with the most exports in July<\/p>\n

Germany took the first place in exports in July. While exports to Germany amounted to 1 billion 752 million dollars, this country, respectively; The United Kingdom with $ 1 billion 604 million, the United States with $ 1 billion 441 million, Iraq with $ 1 billion 59 million, Italy with $ 1 billion 29 million followed. Exports to the top 5 countries accounted for 30.6 percent of total exports.<\/p>\n

In the January-July period, Germany took the first place in exports. While exports to Germany are 11 billion 952 million dollars, this country is respectively; The United States with $ 9 billion 223 million, the United Kingdom with $ 8 billion 561 million, Italy with $ 7 billion 480 million and Iraq with $ 7 billion 284 million followed. Exports to the top 5 countries accounted for 29.9% of total exports.<\/p>\n

China takes first place in imports<\/p>\n

China took the first place in imports. In July, imports from China amounted to 4 billion 155 million dollars, while imports from China amounted to 4 billion 155 million dollars, respectively; The Russian Federation with 3 billion 773 million dollars, Germany with 2 billion 535 million dollars, Italy with 1 billion 407 million dollars and the United States with 1 billion 400 million dollars followed. Imports from the top 5 countries accounted for 44.5 percent of total imports.<\/p>\n

In the January-July period, Russia took the first place in imports. Imports from the Russian Federation amounted to 25 billion 814 million dollars, while imports from the Russian Federation amounted to 25 billion 814 million dollars. China with $ 25 billion 435 million, Germany with $ 15 billion 301 million, Italy with $ 11 billion 83 million, followed by the United States with $ 9 billion 535 million. Imports from the top 5 countries accounted for 43.9% of total imports.
According to the special trade system, exports amounted to 20 billion 405 million dollars in July 2024<\/p>\n

According to the private trade system, in July 2024, exports increased by 14.0 percent compared to the same month of the previous year to 20 billion 405 million dollars, imports decreased by 8.6 percent to 27 billion 142 million dollars.<\/p>\n

In July, the foreign trade deficit decreased by 42.9 percent from 11 billion 789 million dollars to 6 billion 737 million dollars. The export-to-import ratio rose from 60.3 percent in July 2023 to 75.2 percent in July 2024.<\/p>\n

Exports were 134 billion 564 million dollars in the January-July period of 2024<\/p>\n

According to the private trade system, exports in the January-July period of 2024 increased by 3.4 percent compared to the same period of the previous year to 134 billion 564 million dollars, imports decreased by 9.0 percent to 184 billion 525 million dollars.<\/p>\n

In the January-July period, the foreign trade deficit decreased by 31.2 percent from 72 billion 573 million dollars to 49 billion 961 million dollars. Import satisfaction rate of exports increased from 64.2 percent in January-July 2023 to 72.9 percent in the same period of 2024<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

According to TUIK data, the foreign trade deficit decreased by 41.8 percent in July compared to the same month of the previous year and fell from 12 billion 532 million dollars to 7 billion 295 million dollars.<\/p>","protected":false},"author":1,"featured_media":1455,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[137,31,32,62,136],"class_list":["post-1454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lojistik","tag-1-milyar","tag-ihracat","tag-ithalat","tag-milyar","tag-milyon-dolar"],"_links":{"self":[{"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/posts\/1454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/comments?post=1454"}],"version-history":[{"count":0,"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/posts\/1454\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/media\/1455"}],"wp:attachment":[{"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/media?parent=1454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/categories?post=1454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lojistiknakliye.com\/en\/wp-json\/wp\/v2\/tags?post=1454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}