Turkey’s exports and imports fall in September
The country’s seasonally and calendar adjusted exports fell by 3% while imports were up 3.1% in September compared with the previous month. Turkey’s calendar adjusted exports moved down by 6.6% while imports increased 1.4% from a year earlier.
Turkey’s exports to the European Union increased 0.4% on the year to $5.484 billion in September from $5.460 billion in the same month of 2015. Germany became Turkey’s top export destination, with exports reaching $1.137 billion. Germany was followed by United Kingdom ($784 million), Italy ($653 million), and Iraq ($575 million) as the main destinations for Turkish exports.
In September, China remained the largest source of Turkey’s imports, with imports worth $2.221 billion. China was followed by Germany ($1.668 billion), Russia ($1.47 billion) and Italy ($699 million) in the list of the largest exporters to Turkey.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Supply limitations bolster Feb PP and PE outlook in Turkey
- China’s import PP markets climb to 6-month highs prior to Lunar New Year
- Weak activities press import PE, PP suppliers for discounts in Egypt
- Price erosion continues inside Middle Eastern polyolefins markets
- European PP, PE markets open 2023 with renewed drops
- Tight supply keeps expectations bullish in Turkey’s PVC market
- End of China’s ‘zero-COVID’ stance: Double-edged sword for Asia PVC, PP and PE markets
- Mid-Eastern sellers approach China, SE Asia and Turkey with firmer PP, PE prices for Jan
- Egypt’s local PE, PP markets head north as pound plunges to new low
- Styrenics markets reverse slump after months-long downtrend in Europe