Since 1947, Turkey's trade balance has been negative. The trade deficit increased 36.8% to USD 76.7 billion in 2017 from the previous year, as imports increased 17.7%, the fastest increase since 2011, while exports increased at a slower rate of 10.2%. Turkey's primary exports include road vehicles, textiles, iron and steel, apparel, and food, while its primary imports include machinery and transport equipment, manufactured products, mineral fuels and lubricants, and chemicals. China, Russia, Germany, South Korea, Switzerland, India, Iran, and Japan have recorded the highest trade deficits, while the largest trade surpluses were with Iraq, the UAE, the United Kingdom, Israel, Syria, Northern Cyprus, and Azerbaijan.

A higher than expected figure should be seen as positive (bullish) for the TRY while a lower than expected figure should be seen as negative (bearish) for the TRY.

Category:  Balance of Trade
Units:  Billion
Details
Impact: Medium
Country:
Currency: TRY
Latest Release
Previous: -$6.6B
Consensus: -$2.6B
Actual: -$8.2B
Next Release
Date: Jul 31, 07:00
Time left: 21 days
Consensus: -$2.6B

Forex Sentiment (TRY)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
EURTRY
37.8049
-90957 pips
0
+469006 pips
46.90056
Symbol Action Percentage Volume Positions
EURTRY Short 100% 1.03 lots 25
Long 0% 0.00 lots 0
0% of traders are currently trading EURTRY.
USDTRY
38.8239
-12023 pips
0
+400262 pips
40.02620
Symbol Action Percentage Volume Positions
USDTRY Short 100% 0.30 lots 1
Long 0% 0.00 lots 0
0% of traders are currently trading USDTRY.
GBPTRY
52.1016
-23045 pips
0
+544061 pips
54.40609
Symbol Action Percentage Volume Positions
GBPTRY Short 100% 0.40 lots 2
Long 0% 0.00 lots 0
0% of traders are currently trading GBPTRY.