Page 37 - TURKRptDec19
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Goods imports (BoP)
241,706
232,519
200,098
191,053
225,114
216,515
47,851
97,187
147,059
Current account balance
-63,642
-43,610
-32,145
-33,139
-47,347
-27,031
-1,658
-2,729
3,687
(% of GDP)
-6.7
-4.67
-3.74
-3.84
-5.56
-3.63
-
-
-
Source: IntelliNews, national statistics, IMF
5.2 Balance of payments, current account
Turkey's Balance of Payments
USD mn
Jan-Sep/2018
Jan-Sep/2019
y/y
CURRENT ACCOUNT
-29,240
3,687
-
Exports
128,083
133,962
5%
Imports
169,271
147,059
-13%
Balance on Goods
-41,188
-13,097
-68%
Balance on Goods and Services
-21,199
11,850
-
Primary Income: Credit
4,529
4,554
1%
Primary Income: Debit
12,964
13,423
4%
FINANCIAL ACCOUNT
5,453
1,303
-76%
FDI: Net incurrence of liabilities
8,609
6,294
-27%
Portfolio Invesment: Net incurrence of liabilities
-2,049
4,565
-
Equity Securities
-1,352
554
-
Debt Securities
-697
4,011
-
Loans
3,611
10,759
198%
NET ERRORS AND OMISSSIONS
17,746
1,842
-90%
RESERVE ASSETS
-16,886
4,249
-
source: tcmb
5.2.1 Import/export dynamics
2017
2018
Jan-Nov/19
USD bn
y/y (%)
USD bn
y/y (%)
USD bn
y/y (%)
Trade Balance
-77
37
-55
-28
-27
-49
Exports
157
10
168
7
157
2
Imports
234
18
223
-5
184
-11
Capital Goods
33
-8
29
-12
23
-14
Intermediate
171
28
170
-1
144
-9
Consumption
28
2
23
-20
17
-22
source: tuik, trade ministry
37 TURKEY Country Report December 2019 www.intellinews.com