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Foreign trade statistics announced: The foreign trade deficit tripled in June

Interim of the month for June from the Ministry of Commerce foreign trade statisticsThe data bulletin has been announced.

Thus, taking into account the data of the GTS, exports increased by 18.5% in June compared to the same month of the previous year and reached 23 billion 395 million dollars. This figure was recorded as the highest monthly export data ever.

Imports increased by 39.6% during this period and reached 31 billion 555 million dollars.

The volume of foreign trade increased by 29.8% and reached 54 billion 950 million dollars. The foreign trade deficit was calculated at 8 billion 161 million dollars with an increase of 184.3%.

The ratio of exports to imports was 74.1%. Excluding energy data, the ratio of exports to imports fell 7.1 points to 93.4%.

GERMANY FIRST IN EXPORT

The countries with the highest exports in June were Germany with $1.870 million (9.8% increase), the United States with $1.554 million (15.3% increase) and Iraq with 1 billion 205 million dollars (increase of 32.2%). The share of the top 10 countries with the largest share of exports in total exports was 47.6%.

During the said period, the most exported groups of countries were the European Union with 9 billion 704 million dollars, the countries of the Near and Middle East with 3 billion 862 million dollars and the other European countries with 3 billion $245 million.

According to the classification of Wide Economic Groups (BEC), the highest export was made in the group “raw materials (intermediate goods)” with an increase of 24.5% and 12 billion 747 million dollars, followed by ” Consumer Goods” and $8.114 million with an increase of 13 percent, respectively. The “Capital (Capital) Goods” groups followed with an increase of $7.9 and $2.411 million. .

In June, the share of exports by sectors was 94.9% in the manufacturing industry, 2.9% in the agriculture, forestry and fishing sector and 1.7% in the mines and quarries.

RUSSIA FIRST IN IMPORT

The countries with the highest imports in June were Russia with 5 billion 66 million dollars (with an increase of 118.3%), China with 3 billion 663 million dollars (with an increase of 28.6%) and Germany with 1 billion 995 million dollars (with an increase of 28.6%). an increase of 4 percent). The share of the top 10 countries with the largest share of imports in total imports was calculated at 56%.

The groups of countries with the highest imports last month were Asian countries with 8 billion 84 million dollars, the European Union with 8 billion 54 million dollars and the other European countries with 7 billion 121 million dollars.

During the same period, the share of imports by sectors was calculated at 72.2% in the manufacturing industry, 19.4% in the mining and quarrying sector and 4.7% in the agricultural sectors. , forestry and fishing.

According to the June BEC classification, most imports were made in the “raw materials (intermediate goods)” group. Imports of this group reached 25 billion 709 million dollars with an increase of 51.2%. This group was followed by “capital (capital) goods” with $3.197 million and “consumer goods” with $2.638 million, respectively.

FOREIGN TRADE VOLUME IS 31.2 PER CENT

Under the GTS, exports increased by 20% to 125 billion 864 million dollars during the period January-June compared to the same period of the previous year, imports increased by 40.6% to 177 billion 230 million dollars and the volume of foreign trade has increased. by 31.2% to 303 billion 94 million dollars.

During the said period, the foreign trade deficit reached 51 billion 367 million dollars with an increase of 142.5%. The ratio of exports to imports was calculated at 71%.

Source Cumhuriyet

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