According to the statistics of Statistics Bureau in Turkey, its volume of goods trade was USD171.44 billion from January to June in 2016, down 4.8% year-on-year (the same below). Exports fell by 2.4% to USD71.70 billion, and imports fell by 6.4% to USD99.74 billion. The trade deficit was USD28.04 billion, down 15.3%.
In June, Turkey’s volume of goods trade grew by 7.2% to USD32.39 billion. Exports grew by 7.9% to USD12.91 billion and imports grew by 6.7% to USD19.48 billion. And the trade deficit grew by 4.4% to USD6.57 billion.
Since January to June, bilateral trade volume between Turkey and China grew by 1.0% to USD13.73 billion. Turkey’s exports to China fell by 17.4% to USD0.99 billion. It accounted for 1.4% of Turkey’s overall export, down 0.2%. And Turkey’s imports from China grew by 2.8% to USD12.74 billion. It accounted for 12.6% of Turkey’s overall imports, up 1.2% over the previous year. Turkey’s trade deficit with China grew by 5.0% to USD11.75 billion.
China was the 19th export market of Turkey and its largest source of imports up to June in 2016.