Turkish exports rise 34.5 pc in May

Turkey's statistical authority, TurkStat, announced Wednesday the foreign trade figures for May.

Turkish exports rise 34.5 pc in May

Turkey's exports rose 34.5% year-on-year in May 2010.

Turkey's statistical authority, TurkStat announced Wednesday the foreign trade figures for May.

According to figures compiled by TurkStat and Undersecretariat of Customs, in May 2010, exports rose 34.5% and reached USD 9.885 Billion.

Imports in May rose 35.4% year-on-year and reached USD 14.719 Billion while the foreign trade deficit rose 37.3% and reached USD 4.834 Billion.

In May 2010 exports ratio to imports dropped to 67.2% from 67,6% in 2009.

In the first five months of 2010, exports rose 15.6% and reached USD 45.546 Billion.

Imports in the first five months rose 36.6% year-on-year and reached USD 68.125 Billion while the foreign trade deficit rose 115.5% and reached USD 22.579 Billion.

In the mean period,the ratio of exports to imports dropped to 66.9% from 79% in 2009.

Turkey's exports to EU in May rose 20% and reached USD 4.165 Billion. The share of exports to EU countries, in Turkey's overall exports, dropped to 42.1% from 47,2% in
2009.

Biggest importer of Turkish goods, in May 2010, has been Germany with USD 819 Million. Exports to this country rose 10.7% in May. Germany was followed by Switzerland (USD 747 Million), the United Kingdom (USD 566 Million) and Italy (535 Million).

Russia (1.507 billion USD) topped the the list of importers of products to Turkey in the mean month. Russia was followed by Germany (USD 1.339 Billion), China (USD 1.301 Billion) and the U.S. (USD1.022 Billion).

Motor vehicles topped the list of most exported goods with USD 1.117 Billion. It was followed by "pearls, precious stones and etc." (USD 969 Million), "iron and steel" (USD 823 Million) "boilers, machinery and mechanical appliances" (USD 751 Million), and "electrical machinery and equipment" (USD 599 Million).

In May, the top imported goods were "mineral fuels and mineral oils" with USD 2.917 Billion). It was followed by "iron and steel" (USD 1.706 billion Dollars) "boilers, machinery
and mechanical appliances" (USD 1.661 billion) and "electrical machinery and equipment" (USD 1.149 billion).


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Güncelleme Tarihi: 30 Haziran 2010, 13:00

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