1.  Overview the trade of TURKEY in goods current year until 202309

According to Dalian Infobank, in 202309, TURKEY's exports and imports of goods amounted to 49990.7828 million, and were down 8.81% comparing with the same period of last year. Among these, exports were down 0.54% at 22489.6103 million, and imports were down 14.61% at 27501.1724 million. And the corresponding trade deficit was 5011.5621 million and down 47.77%.

During the current year until 202309, TURKEY's total exports and imports of goods were 462317.0474 million and were up 0.54% comparing to the same period of last year. Among these, exports were 187674.9050 million and down 0.48%; imports were 274642.1424 million and up 1.25%. The total trade deficit was 86967.2374 million and up 5.19%.

If considering by country (region), RUSSIA, GERMANY, CHINA, UNITED STATES, OTHER COUNTRIES were TURKEY's top five trading partners. During the current year until 202309, TURKEY's imports and exports to five countries/territories were 43190.6074 million, 37104.9607 million, 36766.5351 million, 22954.1013 million, 20560.7871 million. These values correspond to 9.34%, 8.03%, 7.95%, 4.97%, 4.45% of TURKEY's imports and exports, and, respectively, were down 14.33%, up 11.76%, up 7.60%, down 6.95%, down 22.40% comparing to the same period of last year.

Current year until 202309, TURKEY and the top five trade partners GERMANY, UNITED STATES, ITALY, UNITED KINGDOM, IRAQ are the top five countries/territories that TURKEY exports to in terms of the total export amount. During the current year until 202309, TURKEY's exports to these five countries/territories were 15916.0378 million, 11082.0396 million, 9270.4852 million, 9095.4422 million, 8945.8527 million. These values correspond to 8.48%, 5.90%, 4.94%, 4.85%, 4.77% of TURKEY's exports and, respectively, were up 0.51%, down 13.83%, down 0.12%, down 7.44%, down 9.84% comparing with the same period of last year.

Current year until 202309, TURKEY's exports to top five countries/territories RUSSIA, CHINA, GERMANY, OTHER COUNTRIES, SWITZERLAND are the top five countries/territories that TURKEY imports from in terms of the total export amount. During the current year until 202309, TURKEY's imports from these five countries/territories were 34859.1880 million, 34400.2404 million, 21188.9228 million, 19107.8239 million, 16562.8540 million. These values correspond to 12.69%, 12.53%, 7.72%, 6.96%, 6.03% of TURKEY's total imports and, respectively, were down 21.95%, up 8.37%, up 22.02%, down 27.40%, up 100.19% comparing with the same period of last year.

During the current year until 202309, the trade surplus of TURKEY was mainly from IRAQ, UNITED KINGDOM, ISRAEL, ROMANIA, NETHERLANDS at 7902.8243 million, 4305.6575 million, 3018.0757 million, 2459.1594 million, 2338.1736 million, and down 9.94%, down 20.69%, down 18.08%, down 10.24%, down 13.08%. And the trade deficits were mainly from CHINA, RUSSIA, OTHER COUNTRIES, SWITZERLAND, SOUTH KOREA at 32033.9458 million, 26527.7686 million, 17654.8607 million, 15037.3568 million, 6483.1411 million, and up 9.28%, down 31.82%, down 32.48%, up 106.48%, up 2.70%.

Current year until 202309, TURKEY's trade surplus or deficit with top five countries/territories During the current year until 202309,  commodities with hs2 codes, 27, 84, 87, 71, 85, were TURKEY's top five traded commodities. They correspond to the import and export values of 63467.8172 million, 49238.6281 million, 45218.7612 million, 35754.8901 million, 32169.9239 million, which were down 25.64%, up 19.72%, up 46.04%, up 66.40%, up 27.42% comparing with the same period of last year and account for 13.73%, 10.65%, 9.78%, 7.73%, 6.96% of TURKEY's total imports and exports.

During the current year until 202309, 87, 84, 27, 85, 71 were TURKEY's top five traded commodities, with total import and export values of 22366.9421 million, 18722.4668 million, 11500.2994 million, 11323.3429 million, 8955.7875 million. These values correspond to 11.92%, 9.98%, 6.13%, 6.03%, 4.77% of TURKEY's total exports and, respectively, were up 17.67%, up 14.52%, down 5.88%, up 15.88%, up 22.02% comparing to the same period of last year.

During the current year until 202309, 27, 84, 71, 87, 85 were TURKEY's top five traded commodities, with total import values of 51967.5178 million, 30516.1613 million, 26799.1027 million, 22851.8191 million, 20846.5809 million. These values correspond to 18.92%, 11.11%, 9.76%, 8.32%, 7.59% of TURKEY's total exports and, respectively, were down 28.95%, up 23.15%, up 89.42%, up 91.16%, up 34.70% comparing to the same period of last year.

2. Current year until 202309, TURKEY binational trade profile

According to Dalian Infobank, during the current year until 202309, TURKEY-China binational exports and imports of goods amounted to 36766.5351 million and were up 7.60% comparing with the same period of last year. Among these, exports from TURKEY to China were 2366.2947 million and down 2.58%, imports from China to TURKEY were 34400.2404 million and up 8.37%. The total binational trade deficit was 32033.9458 million and up 9.28%.

During the urrent year until 202309, commodities with hs2 code, 85, 84, 72, 29, 87, were binational trade's top five traded commodities. They correspond to import and export values of 9342.5460 million, 8229.7663 million, 2729.0274 million, 1818.4922 million, 1712.4678 million and makes up 25.41%, 22.38%, 7.42%, 4.95%, 4.66% of the total binational imports and exports. These values were also up 42.95%, up 20.33%, down 6.97%, down 34.33%, up 91.39% comparing to the same period last year.

During the current year until 202309, 26, 25, 28, 84, 52 were the top five traded commodities exported to China from TURKEY, with export values of 766.0945 million, 388.9274 million, 237.3548 million, 102.7620 million, 80.3276 million. These values account for 32.38%, 16.44%, 10.03%, 4.34%, 3.39% of TURKEY's total exports and were up 20.37%, down 6.79%, up 0.60%, down 40.79%, up 239.29% comparing to the same period of last year.

During the current year until 202309, 85, 84, 72, 29, 87 were TURKEY's top five traded commodities importing from China , with import values of 9305.9756 million, 8127.0043 million, 2714.6907 million, 1809.6604 million, 1695.9827 million. These values account for 27.05%, 23.62%, 7.89%, 5.26%, 4.93% of TURKEY's total imports and were up 43.07%, up 21.92%, down 7.38%, down 34.26%, up 91.97% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: State Institute of Statistics