To use chat, please login.
Back to contacts

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: -$8.85B
Consensus: -$11.2B
Actual: -$12.66B
Next Release
Date: Jun 23, 07:00
Time left: 15 days

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
7.5391
-173870 pips
22.2916
+26345 pips
24.9261
Symbol Action Percentage Volume Positions
EURTRY Short 92% 0.12 lots 11
Long 8% 0.01 lots 1
0% of traders are currently trading EURTRY.
USDTRY
20.0448
-31573 pips
14.6664
+85357 pips
23.20209
Symbol Action Percentage Volume Positions
USDTRY Short 95% 0.36 lots 8
Long 5% 0.02 lots 2
0% of traders are currently trading USDTRY.
GBPTRY
0
-289805 pips
24.6502
+43303 pips
28.98052
Symbol Action Percentage Volume Positions
GBPTRY Short 0% 0.00 lots 0
Long 100% 0.06 lots 2
0% of traders are currently trading GBPTRY.