Page 19 - TURKRptMar20
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  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
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