Imports to Turkey jumped 15.9 percent from a year earlier to USD 21.13 billion in November 2020, due to purchases of intermediate goods (9.5 percent), capital goods (32.6 percent), and consumption goods (41.4 percent). Imports were up from Germany, China, Switzerland, Italy, France, Spain, Iraq and the UK. On the other hand, purchases declined from Russia and the US. source: Turkish Statistical Institute
Imports in Turkey averaged 5203.51 USD Million from 1957 until 2020, 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. 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 - values, historical data and charts - was last updated on January of 2021.
Imports in Turkey is expected to be 18400.00 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 14900.00 in 12 months time. In the long-term, the Turkey Imports is projected to trend around 19100.00 USD Million in 2021 and 20100.00 USD Million in 2022, according to our econometric models.