Page 35 - TURKRptDec21

5.0 External Sector & Trade
5.1 Balance of payments, current account
In January-October, 17.6mn foreign tourists visited Turkey, marking an 86% y/y increase.
In the first 10 months of pre-Covid year 2019, Turkey hosted more than 45mn international holidaymakers. In 2020, the number plunged by as much as 74% to 9.5mn.
Turkey's exports
USDbn
2019
2020
Share
y/y
Jan-Oct 2021
Share
y/y
I. AGRICULTURE
23
24
14%
4%
24
13%
21%
A. Plants
15
16
10%
7%
15
8%
17%
B. Aqua and Animal Products
3
2
1%
-2%
3
1%
36%
C. Furniture, Paper and Forestry
6
6
3%
1%
6
3%
25%
II. INDUSTRY
138
128
75%
-8%
138
76%
35%
A. AGRICULTURE-BASED
12
11
7%
-7%
12
7%
37%
Textile and Raw Materials
8
7
4%
-8%
8
5%
43%
Carpet
3
3
2%
3%
3
1%
27%
B. CHEMICALS
21
18
11%
-11%
21
11%
39%
C. INDUSTRIAL PRODUCTS
105
98
58%
-7%
105
58%
34%
Ready-wear
18
17
10%
-3%
17
9%
20%
Automotive
31
26
15%
-17%
24
13%
19%
Electric Electronic and Service
11
11
7%
-2%
12
6%
33%
Machinery and Accessories
8
8
4%
-4%
8
4%
27%
Ferrous and Non-Ferrous Metals
8
8
5%
2%
10
5%
49%
Steel
14
13
8%
-8%
18
10%
81%
Cement, Glass, Ceramic, Soil-based
4
4
2%
7%
4
2%
23%
Jewellry
4
4
2%
-8%
5
3%
45%
Defence and Aerospace
3
2
1%
-17%
2
1%
33%
HVAC-R
5
5
3%
0%
5
3%
36%
III. MINING
4
4
3%
-1%
5
3%
45%
T O T A L (TIM/Exporters Assembly)
166
156
92%
-6%
166
91%
33%
T O T A L (TIM+TUIK)
181
170
100%
-6%
182
100%
34%
35 TURKEY Country Report December 2021 www.intellinews.com