Imports to Turkey slumped 21.3 percent from a year earlier to USD 16.2 billion in November 2018. Purchases of intermediate goods accounted for 76.1 percent of total imports in November and dropped 17.7 percent. Additionally, imports fell for both capital (-20.0 percent) and consumption goods (-43.1 percent). Among major trading partners, imports declined mainly from Russia (-7.9 percent), Germany (-21.0 percent), China (-29.8 percent), Italy (-25.1 percent), India (-16.1 percent), France (-36.2 percent), the UK (-30.9 percent), South Korea (-23.7 percent) and Japan (-4.3 percent). Meanwhile, purchases from the US increased 15.0 percent. Imports in Turkey averaged 4811.35 USD Million from 1957 until 2018, 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 19500.00 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 18500.00 in 12 months time. In the long-term, the Turkey Imports is projected to trend around 24400.00 USD Million in 2020, according to our econometric models.

Turkey Imports
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Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -651.36 -482.93 24.51 -10453.06 USD Million [+]
Current Account 986.00 2746.00 2746.00 -9407.00 USD Million [+]
Current Account to GDP -5.50 -3.80 2.00 -9.00 percent [+]
Imports 16180.25 16174.65 23245.30 15.00 USD Million [+]
Exports 15528.90 15691.72 15691.72 7.10 USD Million [+]
External Debt 448452.00 456961.00 466657.00 43911.00 USD Million [+]
Terms of Trade 99.77 99.46 147.63 93.96 Index Points [+]
Capital Flows -1980.00 -3125.00 9186.00 -6849.00 USD Million [+]
Foreign Direct Investment 10900.00 12300.00 22046.00 1800.00 USD Million [+]
Remittances 40.00 57.00 574.00 24.00 USD Million [+]
Tourism Revenues 3686.00 4281.00 4947.00 79.00 USD Million [+]
Tourist Arrivals 1966277.00 3755467.00 5671801.00 213998.00 [+]
Gold Reserves 253.10 246.30 253.10 116.10 Tonnes [+]
Terrorism Index 7.52 6.74 7.52 4.62 [+]
Weapons Sales 244.00 311.00 311.00 3.00 USD Million [+]
Crude Oil Production 57.00 57.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
16180.25 16174.65 23245.30 15.00 1957 - 2018 USD Million Monthly




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