Turkey balance of trade

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Turkey balance of trade: -5745 (12.02%)
Last Update: November 30, 2024

Turkey balance of trade closed down -5745 as of November 30, 2024 from -5128.74 from the previous month and -5974.53 from last year.


Turkey balance of trade Analytics & Data




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Turkey balance of trade

Date Values
2024-11-30 -5745
2024-10-31 -5128.74
2024-09-30 -5261.46
2024-08-31 -4992
2024-07-31 -7318.7
2024-06-30 -5886.56
2024-05-31 -6505.8
2024-04-30 -9907.7
2024-03-31 -7305.59
2024-02-29 -6779.56
2024-01-31 -6222.4
2023-12-31 -6083.74
2023-11-30 -5974.53
2023-10-31 -6604.84
2023-09-30 -5096.44
2023-08-31 -8712.37
2023-07-31 -12522.14
2023-06-30 -5299.98
2023-05-31 -12494.51
2023-04-30 -8738.94
2023-03-31 -8378.79
2023-02-28 -12129.53
2023-01-31 -14277.01
2022-12-31 -9712.8

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Turkey balance of trade Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade tr.balanceoftrade -5745.0 -5128.74 12 -4 UP UP 37 2024-11-30

Turkey balance of trade Quantitative Analysis, Charts & Factors

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Turkey balance of trade Historical Data

The MacroVar database offers free access to historical data for the Turkey balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Turkey balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Turkey balance of trade

Turkey's balance of trade refers to the difference between the value of exports and imports of goods and services in the country. A positive balance of trade occurs when a country exports more goods and services than it imports, leading to a surplus. On the other hand, a negative balance of trade, also known as a trade deficit, occurs when a country imports more than it exports, resulting in a deficit. Turkey's balance of trade is an important indicator of the country's economic health and its ability to compete in the global market. A positive balance of trade can boost economic growth and increase employment opportunities, while a negative balance of trade can lead to economic instability and a reliance on foreign borrowing. It is therefore crucial for Turkey to carefully monitor and manage its balance of trade to ensure a healthy and sustainable economy.

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