Turkey's exports down 0.8 pc in first two months

Turkey's statistical board, TurkStat, made public foreign trade statistics in February 2010.

Turkey's exports down 0.8 pc in first two months

Turkey's exports were down 0.8 percent in the first two months of 2010 over the same period of 2009, the statistical board announced on Wednesday.

Turkey's statistical board, TurkStat, made public foreign trade statistics in February 2010.

Exports from Turkey dropped 0.8 percent to 16.1 billion USD in the first two months of 2010, whereas imports were up 26.2 percent to 23.1 billion USD.

Turkey's foreign trade deficit rose 242.4 percent in the first two months of 2010 to 6.9 billion USD.

The ratio of exports meeting imports was down 69.9 percent in the mentioned period.

In the same period last year, Turkey earned 16.3 billion USD of exports however imported goods worth 18.3 billion USD. Turkey's foreign deficit was 2.3 billion USD and the ratio of exports meeting imports was 88.9 percent.

According to TurkStat, Turkey's exports were down 1.3 percent month-on-month in February and dropped to 8.3 billion USD. However, imports were up 28.3 percent to 11.6 billion in the same month.

The foreign trade deficit was up 418.4 percent to 3.3 billion USD in February 2010, whereas the ratio of exports meeting imports was 71.5 percent.

In February 2009, Turkey made 8.4 billion USD of exports and 9.075 billion USD of imports. The foreign trade deficit was 640 million USD and the ratio of exports meeting imports was 92.9 percent.

Below are foreign trade figures in February 2009 and 2010: (FTD stands for foreign trade deficit and REMI stands for rate of exports meeting imports)


FEB FEB JAN-FEB JAN-FEB

MILLION USD 2009 2010 CHANGE % 2009 2010 CHANGE %
Exports 8.435 8.323 -1.3 16.321 16.189 -0.8
Imports 9.075 11.640 -28.3 18.357 23.164 26.2
FTD -640 -3.317 418.4 -2.037 -6.974 242.2
REMI 92.9 71.5 - 88.9 69.9 -



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Güncelleme Tarihi: 31 Mart 2010, 11:54

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