Page 19 - TURKRptMar20

5.2​ Balance of payments, current account
Turkey's Balance of Payments
USD mn
2018
2019
y/y
CURRENT ACCOUNT
-28,261
1,674
-
Exports
178,507
182,059
2%
Imports
221,528
200,735
-9%
Balance on Goods
-43,021
-18,676
-57%
Balance on Goods and Services
-17,190
12,861
-
Primary Income: Credit
6,132
6,331
3%
Primary Income: Debit
18,057
18,844
4%
FINANCIAL ACCOUNT (-)
2,572
-3,392
-
FDI: Net incurrence of liabilities
13,023
8,385
-36%
Portfolio Investment: Net incurrence of liabilities
32
3,408
10550%
Equity Securities
-1,131
406
-
Debt Securities
1,163
3,002
158%
Loans (-)
9,390
16,399
75%
NET ERRORS AND OMISSIONS
20,394
1,239
-94%
RESERVE ASSETS
-10,377
6,324
-
source: tcmb
5.2.1 ​Import/export dynamics
2017
2018
2019
Jan
USD bn
y/y (%)
USD bn
y/y (%)
USD bn
y/y (%)
USD bn
y/y (%)
Balance
-77
37
-55
-28
-31
-44
-5
85
Exports
157
10
168
7
172
2
14
6
Imports
234
18
223
-5
203
-9
19
18
Capital Good
33
-8
29
-12
26
-12
2
41
Intermediate
171
28
170
-1
158
-7
15
15
Consumption
28
2
23
-20
18
-19
2
18
source: tuik, trade ministry
19​ TURKEY Country Report​ March 2020 ​ ​www.intellinews.com