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: -$6.5B
Consensus: -$4.3B
Actual: -$6.44B
Next Release
Date: Jul 31, 07:00
Time left: 8 days
Consensus: -$4.3B

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
15.7255
-202334 pips
33.6607
+22982 pips
35.95894
Symbol Action Percentage Volume Positions
EURTRY Short 22% 0.13 lots 11
Long 78% 0.47 lots 43
0% of traders are currently trading EURTRY.
USDTRY
26.4044
-66105 pips
30.8474
+21675 pips
33.01490
Symbol Action Percentage Volume Positions
USDTRY Short 12% 0.10 lots 4
Long 88% 0.75 lots 69
0% of traders are currently trading USDTRY.
GBPTRY
0
-426871 pips
40.5832
+21039 pips
42.68712
Symbol Action Percentage Volume Positions
GBPTRY Short 0% 0.00 lots 0
Long 100% 0.05 lots 1
0% of traders are currently trading GBPTRY.