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Turkey

Turkey ranked No. 33 in total trade value through February with a total of $3.17 billion. Exports totaled $1.51 billion and Imports totaled $1.66 billion, a deficit of $144.02 million.

January – February 2019

Top Trading Ports

Total Trade: $3.17 billion

RankPortTotal YTD
1Port of Newark $493,592,955
2John F. Kennedy International Airport $245,256,048
3Port of Houston $235,780,955
4Port of Savannah, Ga. $219,682,554
5Seattle-Tacoma International Airport $206,750,734
6Port of Virginia $138,642,563
7Los Angeles International Airport $117,951,188
8Chicago O’Hare International Airport $117,718,021
9Cleveland’s Hopkins International Airport, Ohio $106,266,824
10Port of Baltimore, Md. $105,779,681

U.S. trade with Turkey rose to $3.17 billion through February

Turkey’s trade with the United States rose to $3.17 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 0.8 percent above its total trade during the same time period last year. Turkey’s exports decreased 5.77 percent while imports rose 7.66 percent. The U.S. deficit with Turkey was $144.02 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 John F. Kennedy International Airport; No. 3 Port of Houston; No. 4 Port of Savannah, Ga.; and No. 5 Seattle-Tacoma International Airport. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 Port of Houston No. 3 John F. Kennedy International Airport No. 4 Port of Savannah, Ga. and No. 5 Port of Virginia. In the current time period, the top five accounted for 44.15 percent of Turkey’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 18.5 percent to $493.59 million.
    Exports fell 3.53 percent to $86.46 million. Imports rose 24.54 percent to $407.14 million.
  • Trade with No. 2 John F. Kennedy International Airport rose 0.46 percent to $245.26 million.
    Exports fell 5.04 percent to $123.6 million. Imports rose 6.73 percent to $121.66 million.
  • Trade with No. 3 Port of Houston fell 36.93 percent to $235.78 million.
    Exports fell 31.17 percent to $150.41 million. Imports fell 45.03 percent to $85.38 million.
  • Trade with No. 4 Port of Savannah, Ga. fell 3.19 percent to $219.68 million.
    Exports fell 23.61 percent to $88.7 million. Imports rose 18.21 percent to $130.98 million.
  • Trade with No. 5 Seattle-Tacoma International Airport rose 1475.83 percent to $206.75 million.
    Exports rose 1911.26 percent to $199.58 million. Imports rose 124.38 percent to $7.17 million.

Turkey ranked No. 33 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 33.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Turkey by value through February were the categories of Civilian aircraft, parts; Petroleum gases, other gaseous hydrocarbons; Scrap iron, steel; Almonds, walnuts, pistachios, hazelnuts, etc.; and Cotton, respectively. They accounted for 47.58 percent of total exports to Turkey.

The value of the top five categories of U.S. imports from Turkey –– Motor vehicles for transporting people; Carpets & Oth Text Floor Cover, Woven, No Tuf 5702; Value added to a returned import; Aircraft engines, engine parts; and Defense-related aircraft, parts –– accounted for 24.72 percent of all inbound shipments.

Looking more closely at U.S. exports to Turkey:

  • Civilian aircraft, parts rose 152.7 percent compared to last year to $339.26 million.
  • Petroleum gases, other gaseous hydrocarbons rose 102 percent compared to last year to $125.35 million.
  • Scrap iron, steel fell 38.74 percent compared to last year to $123.98 million.
  • Almonds, walnuts, pistachios, hazelnuts, etc. rose 25.63 percent compared to last year to $69.17 million.
  • Cotton fell 53.98 percent compared to last year to $62.86 million.

Looking more closely at U.S. imports from Turkey:

  • Motor vehicles for transporting people fell 29.64 percent compared to last year to $124.63 million.
  • Carpets & Oth Text Floor Cover, Woven, No Tuf 5702 rose 20.77 percent compared to last year to $96.91 million.
  • Value added to a returned import rose 28.86 percent compared to last year to $65.34 million.
  • Aircraft engines, engine parts rose 43.85 percent compared to last year to $63.04 million.
  • Defense-related aircraft, parts rose 54.07 percent compared to last year to $60.11 million.

In the latest annual figures available, Turkey recorded $19.17 billion in trade with the United States. At year’s end, its were New York City; Houston; Atlanta/Savannah; Los Angeles; and New Orleans. Total U.S. exports to Turkey were $ 9.75 billion and imports from Turkey were $9.42 billion. The U.S. surplus with Turkey was $329.55 million.