Imports to Turkey tumbled 28.3 percent from a year earlier to USD 16.6 billion in December 2018. Purchases of intermediate goods accounted for 73.8 percent of total imports in December and dropped 24.8 percent from a year earlier. Additionally, imports fell for both capital (-34.9 percent) and consumption goods (-38.5 percent). Among major trading partners, imports dropped mainly from Russia (-5.2 percent), Germany (-21.5 percent), China (-39.1 percent), the US (-14.3 percent), Italy (-28 percent), India (-16.9 percent), France (-50.3 percent), the UK (-46.1 percent), South Korea (-42.4 percent) and Iran (-20.5 percent). Considering 2018 full year, imports fell 4.6 percent to USD 223.0 billion. 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 17800.00 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 14600.00 in 12 months time. In the long-term, the Turkey Imports is projected to trend around 20100.00 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 -2674.41 -655.39 24.51 -10453.06 USD Million [+]
Current Account -1437.00 1075.00 2597.00 -9407.00 USD Million [+]
Current Account to GDP -5.50 -3.80 2.00 -9.00 percent [+]
Imports 16552.97 16161.06 23245.30 15.00 USD Million [+]
Exports 13878.56 15505.67 15691.72 7.10 USD Million [+]
External Debt 448452.00 456961.00 466657.00 43911.00 USD Million [+]
Terms of Trade 100.39 99.77 147.63 93.96 Index Points [+]
Capital Flows -1380.00 -1252.00 9186.00 -6756.00 USD Million [+]
Foreign Direct Investment 10900.00 12300.00 22046.00 1800.00 USD Million [+]
Remittances 24.00 35.00 574.00 24.00 USD Million [+]
Tourism Revenues 1428.00 1795.00 4947.00 79.00 USD Million [+]
Tourist Arrivals 1950705.00 1966277.00 5671801.00 213998.00 [+]
Gold Reserves 253.50 253.10 253.50 116.10 Tonnes [+]
Terrorism Index 7.04 7.52 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
16552.97 16161.06 23245.30 15.00 1957 - 2018 USD Million Monthly




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