1945

In 2013, the value of merchandise exports of Turkey decreased slightly by 0.4 percent to reach 151.9 bln US$, while its merchandise imports increased moderately by 6.4 percent to reach 251.7 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a moderate deficit of 99.8 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at -36.5 bln US$ (see graph 4). Merchandise exports in Turkey were diversified amongst partners; imports were also diversified. The top 32 partners accounted for 80 percent or more of exports and 23 partners accounted for 80 percent or more of imports (see graph 5). In 2011, the value of exports of services of Turkey increased substantially by 11.4 percent, reaching 39.0 bln US$, while its imports of services increased moderately by 7.6 percent and reached 21.0 bln US$ (see graph 2). There was a large trade in services surplus of 18.0 bln US$.

Related Subject(s): International Trade and Finance
Countries: Turkey
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