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EU Member States imported 234.800 violins worth €15.7 million in 2018

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EU Member States imported 234.800 violins worth €15.7 million in 2018 According to the data published by Eurostat, the statistical office of the European Union,...

Overall export unit value index decreased by 2.9% in Turkey

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Foreign Trade Indices, October 2019 in Turkey The overall export unit value index decreased by 2.9% As compared with the corresponding month of the preceding year,...

Balance of Trade in Turkey averaged -1715.25 USD Million from 1957...

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Balance of Trade in Turkey averaged -1715.25 USD Million from 1957 until 2019 According to the news of Trade Economics, Turkey's trade deficit rose by...

Natural gas imports down more than 7 pct in Turkey

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Natural gas imports down more than 7 pct in Turkey According to the news of Hürriyet Daily News, Turkey’s natural gas imports decreased by 7.4 percent in...

Turkey posts nearly $681M trade surplus with EU in September

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Turkey posts nearly $681M trade surplus with EU in September According to the news of Hürriyet Daily News, Turkey posted a surplus of some €618 million...

Turkey’s automotive exports reach $25.4B in 10 months

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Turkey's automotive exports reach $25.4B in 10 months According to the news of Hürriyet Daily News and an exporters association, Turkey's automotive industry exports reached $25.4 billion in the...

Turkey aims to surpass $20B trade volume with China

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Turkey aims to surpass $20B trade volume with China According to the news of Daily News, Turkey is working intensively to surpass its current trade...

Can I pay the domestic supplier in dollars without exchanging 80%...

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  In accordance with Decree numbered 32 on Protection of the Value of Turkish Currency Law, 80% of export prices must be brought and sold...

Is the profit from exchange difference due to advance payment of...

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SUBJECT About recording the exchange difference of advance payment of import as income. QUESTION We made a payment in June to bring machine from abroad. Bill of entry...

Foreign Trade Statistics, March 2018

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Exports and imports increased by 7.7% and 12.7%, respectively According to the provisional data, produced with the cooperation of the Turkish Statistical Institute and the...