Imports to Turkey plunged 22.7 percent from a year earlier to USD 14.26 billion in June 2019. Purchases of intermediate goods, which accounted for 77.3 percent of total imports, dropped 19.3 percent; and those of capital and consumption goods slumped 23.8 percent and 38.4 percent, respectively. Among major trading partners, imports declined from Russia (-14.3 percent), China (-30.6 percent), Germany (-33.5 percent), the US (-20.0 percent), Italy (-24.5 percent), France (-41.6 percent), India (-23.0 percent), South Korea (-30.1 percent), and the UK (-25.2 percent). In contrast, imports from the UAE increased 53.3 percent.. Imports in Turkey averaged 4919.92 USD Million from 1957 until 2019, reaching an all time high of 23245.30 USD Million in May of 2013 and a record low of 15 USD Million in August of 1958.

Imports in Turkey is expected to be 14500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Turkey to stand at 16900.00 in 12 months time. In the long-term, the Turkey Imports is projected to trend around 20100.00 USD Million in 2020, according to our econometric models.

Turkey Imports
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -3177.27 -1862.81 24.51 -10453.06 USD Million [+]
Current Account -548.00 317.00 2619.00 -9407.00 USD Million [+]
Current Account to GDP -3.50 -5.60 1.90 -8.90 percent [+]
Imports 14259.10 17819.11 23245.30 15.00 USD Million [+]
Exports 11081.83 15956.30 15956.30 7.10 USD Million [+]
External Debt 453423.00 444878.00 466657.00 43911.00 USD Million [+]
Terms of Trade 102.91 101.32 147.63 93.96 Index Points [+]
Capital Flows 3326.00 -1892.00 9186.00 -6815.00 USD Million [+]
Foreign Direct Investment 13200.00 10900.00 22046.00 1800.00 USD Million [+]
Remittances 13.00 18.00 574.00 13.00 USD Million [+]
Tourism Revenues 3338.00 2640.00 4947.00 79.00 USD Million [+]
Tourist Arrivals 5318984.00 4022254.00 5671801.00 213998.00 [+]
Gold Reserves 261.10 253.50 261.10 116.10 Tonnes [+]
Terrorism Index 7.04 7.52 7.52 4.62 [+]
Weapons Sales 364.00 245.00 364.00 3.00 USD Million [+]
Crude Oil Production 56.00 54.00 72.00 38.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Turkey Imports

In 2017, Turkey's main imports were: machinery and transport equipment (31 percent of total imports), of which road vehicles (7 percent) and electrical machinery, apparatus and appliances (6 percent); manufactured goods (16 percent), of which iron and steel (5 percent); mineral fuels, lubricants and related materials (16 percent), of which petroleum and petroleum products (4 percent); chemicals and related products (13 percent), of which plastics (4 percent); gold, non-monetary (7 percent); crude materials, inedible, except fuels (7 percent); miscellaneous manufactured articles (6 percent); and food and live animals (4 percent). The country's main imports' sources were: China (10 percent of total imports); Germany (9 percent); Russia (8 percent); the US and Italy (5 percent each); France, Iran, Switzerland, South Korea, the UK, Spain and India (3 percent each). This page provides the latest reported value for - Turkey Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Imports - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
14259.10 17819.11 23245.30 15.00 1957 - 2019 USD Million Monthly




Related

Latest