Page 52 - TURKRptMay19

5.0 External Sector & Trade 5.1 External sector overview
TURKEY -Trade
2013
2014
2015
2016
2017
2018
Trade: External balance on goods and services (USD mn)
-56,299
-36,918
-23,900
-25,629
-39,017
-16,382
Trade: External balance on goods and services (% of GDP)
-5.92
-3.95
-2.78
-2.97
-4.58
-2.18
Trade: Goods exports (BoP)
161,789
168,926
151,970
150,161
166,159
174,623
Trade: Goods imports (BoP)
241,706
232,519
200,098
191,053
225,114
216,384
Trade: Current account BPM6 (USD mn)
-63,642
-43,610
-32,145
-33,139
-47,347
-27,228
Trade: Current account to GDP (%)
-6.70
-4.67
-3.74
-3.84
-5.56
-3.63
Source: bne IntelliNews, national statistics, IMF
5.2 Balance of payments, current account
Turkey's Balance of Payments (January-February)
($ mn) 2018 2019 y/y
CURRENT ACCOUNT
Goods, Services and Primary Income Goods and Services
foreign trade balance
exports
imports
CAPITAL ACCOUNT
FINANCIAL ACCOUNT
Net FDI
Net acquisition of financial assets Net incurrence of liabilities
Net Portfolio Investment
Net acquisition of financial assets Net incurrence of liabilities
NET ERRORS AND OMISSIONS Source: tcmb
-11,491 -1,307 -89%
-11,695 -1,376 -88%
-10,646 -255 -98%
-12,574 -2,637 -79%
26,684 27,531 3%
39,258 30,168 -23%
32 27 -16%
-10,658 -2,039 -81%
-81 -1,261 1457%
1,093 323 -70%
1,174 1,584 35%
-4,710 -7,896 68%
506 -107 -121%
5,216 7,789 49%
801 -759 -195%
52 TURKEY Country Report May 2019 www.intellinews.com