foreigner in Turkey trade The deficit increased to $10.7 billion (194.5 billion Turkish liras) in July, the country’s statistics authority announced on Monday.
The gap grew by 147% from a year Before that, the Turkish Statistical Institute (TurkStat) said in a permit.
Turkey’s exports rise 13.4% year-over-year to me hit $18.6 billion in July, while imports jumped 41.4% to $29.2 billion.
exports to imports coverage The percentage increased to 63.4%. last month, versus 79.1% in July 2021.
In July this year, the country main trading Partner Germany received $1.5 billion worth of Turkish exports followed by the United States with $1.2 billion, UK with $1.15 billion and Iraq with billion, according to the Turkish Statistical Institute.
On the other hand side of Ledger, first state for Turkey imports last The month was Russia with $4.4 billion, followed by China with $3.8 billion, Germany with $1.8 billion and Switzerland with 1.5 million dollars.
In January and July, a Turkish foreigner trade Deficit widened by 143.7% on On an annual basis to $62.2 billion.
The country’s exports amounted to 144.3 billion dollars, up 19.1%, while total imports amounted to 206.5 billion dollars, rising 40.7% over the seven-month period.
while the ratio of exports to imports coverage was 82.6% in In January-July 2021, it fell to 69.9%. in same period of this is year.
At the same time, exports, excluding energy products and non-monetary gold, rose 7.4%. in July from $15.6 billion to $16.8 billion.
In July, imports excluding energy products and non-monetary gold increased 19.3% from $16.5 billion to $19.7 billion.
Foreigner trade The deficit, excluding energy products and non-monetary gold, was $2.9 billion in July.
Foreigner trade Trading volume increased by 13.5% and amounted to $36.5 billion.
From January to July, Russia again took The first place in imports with About $32.1 billion worth Products were imported from this country. China followed Russia with $23.8 billion, Germany with 13.2 billion USD with $8.9 billion and Italy with 7.9 billion dollars.
imports from first five countries corresponds to 41.7% of The total in mentioned period.
Energy import bill up
The amount paid by Turkey for Energy imports increased by 95.7% in July compared to the same month of Previous year It rose to 7.7 billion dollars.
Energy imports consist of “Mineral fuels, mineral oils, products derived from their distillation, bituminous substances, and mineral waxes.”
in july of last yearThis figure was recorded at $3.9 billion. This year’s import bill in The country increased due to the Renaissance in Economic activities, increase in Industrial production and increase in energy prices in global markets.
On the other hand, crude oil imports decreased by 0.4%. in July compared to the same month of Previous year It fell to $2.9 million.
