Turkey’s exports, imports increase in December
The country’s seasonally and calendar adjusted exports fell by 0.5% while imports were up by 6.1% in December compared with the previous month. Turkey’s calendar adjusted exports and imports moved up by 9.1% and 5.4% respectively from a year earlier.
Turkey’s exports to the European Union increased by 4.8% on the year to $5.670 billion in December from $5.412 billion in the same month of 2015. Germany became Turkey’s top export destination, with exports reaching $1.189 million. Germany was followed by Iraq ($795 million), United Kingdom ($768 million) and the UAE ($759 million) as the main destinations for Turkish exports.
In December, China remained the largest source of Turkey’s imports, with imports worth $1.863 billion. China was followed by Germany ($1.813 billion), Russia ($1.352 billion) and Italy ($902 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...
- PLAST EURASIA 2022: Eyes on Russian and US supplies with demand woes in focus
- December PE offers to SE Asia imply further drops, yet to respond to China
- Has the bear market for Asian PVC almost run its course?
- Demand outlook for crude oil dims amid China worries
- Asian styrene prices rebound from almost two-year lows
- Turkey’s PE market on brink of new drops for December
- Signs of optimism in China PP and PE markets, but caution remains
- Egypt’s import PP, PE markets flat but domestic prices turn upwards in Nov
- PVC downturn enters 7th month, prices still far from pre-pandemic levels in Europe
- Aggressive US PE offers make a scene across global markets in Q4 after a hiatus of 2 years