Please submit your e-mail address to get the latest news
Which city is the best travel destinations in Turkey for you ?

İstanbul (71)
Antalya (2)
Bodrum (3)
İzmir (4)
Kapadokya (3)


Turkey´s foreign trade deficit narrows by 25 percent
  04.05.2012


The foreign trade deficit, a major soft spot in the Turkish economy, has continued to narrow in March, ahead of market expectations, according to tentative foreign trade data released by the Turkish Statistical Institute and the Ministry of Customs and Trade.



 


The foreign trade deficit decreased 25.3 in March 2012 compared with March 2011. Turkish exports increased 12.2 percent and reached $13.2 million, while imports decreased 4.8 percent and reached $20.6 million in March compared with the same month last year, bringing the foreign trade deficit from $9.8 million to $7.3 million.

The market expectation was $7.6 billion, according to a Reuters survey.

“We know that improvement in the current account deficit is still gradual. But data for the last five months, except for January, shows that the deterioration in the foreign trade deficit has come to an end,” said BGC Partners Chief Economist Özgür Altuğ in a note to investors. He said he expected the improvement in the foreign trade deficit to continue slowly except for a severe recession possibility, which means the foreign exchange demand in the markets will witness a limited decrease.

Calendar adjusted exports increased 12.2 percent and imports decreased 0.9 percent during the same period, while seasonally and calendar adjusted exports increased 0.1 percent and imports increased 4.3 percent from the previous month.

The figures represent the highest monthly exports to date, Economy Minister Zafer Çağlayan said in a written statement yesterday, before leaving for Dubai to attend an international investment conference, according to the Doğan News Agency. The improvement in foreign trade is based on increase in exports, he said.

Exports coverage of imports increased to 64.3 percent in March from 54.6 percent last March. The share of the European Union in total exports fell to 41.6 percent from 48.3 percent. The share of other countries in exports was up from 51.7 percent to 58.4 percent.
However, exports to Germany, Turkey’s largest exports market, increased by 3.4 percent. Germany was followed by Iraq, Iran, the United Kingdom and Italy. The top country for Turkey’s imports was Russia.

Motor land vehicles

Motor land vehicles were the highest exports item with a total value of $1.5 billion. The top categories for imports were “mineral fuels and oils” with a total worth of $5.3 billion.

Industrial manufacturing products constitute the majority of the March exports with 94.1 percent of the total. The figure was 93.6 percent in March 2011. The value of industrial manufacturing products rose to $12.4 billion in March from $11.6 billion in March 2011.The Agriculture Ministry said yesterday that agricultural exports rose by 9.6 percent to $4 billion in the same compared period.
  
  

Source : hurriyetdailynews.com
Hit : 284


Turkish TV series rank 2nd in global export
Turkey working to produce electricity from pistachios
The Eurocup last 32 runs from Jan. 6 to Feb 11 2015
Rumi will be remembered in Konya festivals
Europalia festival to showcase Turkish culture
Gokturk 2 scans the globe
Koepka victorious in Turkish Airlines Open with -17 strokes
Chicago hosts Turkish culture festival
İstanbul hosted 6th Global Webit Congress
Western Thrace hosted centuries-old oil wrestling festival
Mehmet Okur is joining his old team as a special coach/consultant.
Clarinet serenades on İstanbul ferries
Fenerbahçe played for Soma
Turkish World Folk Dances Festival kicks off in Eskisehir
Erdogan´s presidential win starts race for new Turkish govt
Turkey´s PM reopens Istanbul´s historic mosque
Turkey earns $1.69 billion through hazelnut exports
Women´s National Vollleyball Team to play in Russia
Iran to boost gas exports to Turkey
Fenerbahçe Ülker and the defending champions Galatasaray Liv Hospital will start today the best-of-seven BEKO Basketball League (BBL) championship series.
The 70-year-old Serbian coach has inked a two-year deal with Turkish powerhouse Anadolu Efes.
Economists forecast Turkish interest rate cut by July
Turkey has signed an associate membership agreement with the European Organization for Nuclear Research known as CERN.
Trade between Turkey and Arab states soars
 
MEDASIST INTERNATIONAL
Medasist International Tv Medasist International World Medasist International Haber Medasist International Sigorta ve Bes
www.newsfromturkey.tv www.medasist.com www.saglik-sigortasi.com www.sigortabilgiservisi.com
www.turkishnews.tv www.travelassisturkey.com www.sagliksigortamiz.com www.sagliksigortasi.info
www.investinturkey.tv www.newsfromturkey.net www.sagliksigortacimiz.com www.bireyselemekliliksistemi.gen.tr
www.isvehayat.tv www.fromturkeywithlove.org www.acilsagliksigortasi.com
www.sigortanet.tv   www.seyahat-sigortasi.net
Medasist International Sektörel Medasist International Business  Medasist International Bulletin
www.turksektorel.net Travel Assistance www.sigortabilgiservisi.net
www.turksektorel.tv Business Life www.newsfromturkey.org
  Education www.turksektorel.org
     
     

Medasist International abides and complies fully with all ethic rules as well as legislation, laws related with all rights of usage. All information, news, research texts and videos included in this and all portals of Medasist International with referencing the source thereof are comprised of information provided by its source and if any, its author or any person reporting such relevant news with the consideration of that no copyright is to be applied or the relevant content has lost its such nature because it has lost its urgent news nature even though it is a news content that is believed to be fully reliable, and open to public and known as to be shared by the whole community. All written and audio contents published on Medasist International platforms by referring the source thereof belong to such relevant source, and in case such contents are copied by third parties, all responsibility rests on the person or body that makes copying. In cases arising from misuse of all contents and videos and from misinformation, according to written requests proven to be valid from the news source or those people or bodies whose names are mentioned in such news may, all contents and videos be replaced duly or taken off from the broadcasting totally. Medasist International respects to all ethical right of usage. Information included in Medasist International Platforms is not in the scope of investment consultancy.Regarding mistakes, deficiencies and usage for investment purposes on and of all information comprised of any news, researches, written and audio contents quoted with references, Medasist International World Platform, www.newsfromturkey.net portal managers has no responsibility and bind.

Medasist International tüm kullanım hakları ile ilgili yasalara, kanunlara ve bunlarla birlikte tüm etik kurallara tamamen uymakta ve saygılıdır.Medasist International’a ait bu ve tüm portallarda kaynak gösterilerek yer alan tüm bilgi, haber, araştırma içerikli yazı ile videolar tamamen güvenilir,olduğuna inanılan, halka açık olduğu ve tüm toplumun paylaştığı bilinen bir haber içeriği olmasıyla birlikte acil haber özelliğini kaybederek telif hakkı kullanım özelliği olmayan yada ilgili içeriğin bu özelliğini kaybetmiş olduğu düşüncesiyle ,kaynağı ve varsa yazarı yada ilgili haberi düzenleyen kişinin belirtildiği bilgilerden oluşmaktadır.Medasist International platformlarında kaynak gösterilerek yayınlanan tüm yazılı ve görsel içerikler ilgili kaynağa aittir,bu içeriklerin başkaları tarafından kopyalanması durumunda tüm sorumluluk kopyalayan kişi yada kuruma ait olacaktır. Tüm içerik ve videolarla ilgili hatalı kullanım, hatalı bilgiden kaynaklanan sorunlarda haber kaynağı yada ilgili haberde geçen kişi yada kurumlardan gelen geçerliliği kanıtlanmış yazılı talepler doğrultusunda tüm içerik ve videolar gerektiği şekilde değiştirilebilir yada yayından tamamen kaldırılabilir.Medasist international tüm etik kullanım haklarına saygı göstermektedir.Medasist International Platformlarında yer alan bilgiler yatırım danışmanlığı kapsamında değildir.Tüm kaynak belirtilerek alınan haberler,araştırmalar,yazılı ve görsel tüm içeriklerden oluşabilecek bilgilerin hataları,eksikleri ve yatırım amaçlı kullanılmasıyla ilgili Medasist International World Platformu, www.newsfromturkey.net portalı yöneticilerinin hiçbir sorumluluğu ve bağlayıcılığı bulunmamaktadır.

Turkey Trade - Trade Turkey - Business in Turkey - News Turkey - News in Turkey - International Trade - Turkey Tourist - Holiday in Turkey - Turkish News - Foreign Trade
Medasist International © Copyright 2005