Page 37 - TURKRptDec19
P. 37

    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
   35   36   37   38   39