Turkey likely to reach 2009 target while exports down

Turkey expects to reach its 100 billion USD target until the end of this year.

Turkey likely to reach 2009 target while exports down

Turkey's exports, since the beginning of 2009 until December, was down by 25.9 percent over the same period of last year to 92.11 billion USD. However, Turkey is likely to reach its 100 billion USD target until the end of this year.

According to figures made public Wednesday by Turkish Statistical Institute, or TUIK, Turkey's exports reached 8.9 billion USD in November. If Turkey makes exports of 8 billion in December, the government will exceed its year-end target for foreign trade.

TUIK statistics also showed that country's imports dropped 34.1 percent to 125.6 billion USD in eleven months of this year.

Fall in imports led to a decline in foreign trade deficit in this period. The deficit fell 49.4 percent to 33.49 billion USD, down from last year's 66.25 billion USD.

In 2008, Turkey's exports were 132 billion USD and imports were 201 billion USD.

Below is the table of Turkey's foreign trade statistics in billion dollars: 


                             JANUARY-NOVEMBER   DIFFERENCE     NOVEMBER     
DIFFERENCE 

                              2008        2009     (pct)       2008    2009     
(pct)                 

     .                       -------     -------   ------    -------  -------  
------

     -EXPORTS                124.305      92.116    -25.9      9.395   8.911    
-5.2

     -IMPORTS                190.558     125.609    -34.1     12.073  12.616     
4.5

     -FOREIGN TRADE DEFICIT  -66.253     -33.493    -49.4     -2.677  -3.705    


AA

 

 

Last Mod: 31 Aralık 2009, 09:13
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