Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Turkey

Turkey ranked No. 32 in total trade value through August with a total of $13.95 billion. Exports totaled $6.93 billion and Imports totaled $7.02 billion, a deficit of $94.71 million.

January – August 2019

Top Trading Ports

Total Trade: $13.95 billion

RankPortTotal YTD
1Port of Newark $1,963,581,098
2Port of Houston $1,264,730,499
3Port of Savannah, Ga. $1,163,844,721
4John F. Kennedy International Airport $1,149,024,681
5Port of Everett, Wash. $794,881,548
6Port of Virginia $672,386,739
7Los Angeles International Airport $512,275,464
8Chicago O’Hare International Airport $505,669,857
9Port of Baltimore, Md. $418,851,540
10Port of New Orleans $343,228,366

U.S. trade with Turkey rose to $13.95 billion through August

Turkey’s trade with the United States rose to $13.95 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 2.42 percent above its total trade during the same time period last year. U.S. exports to Turkey increased 3.13 percent while U.S. imports from Turkey rose 1.74 percent. The U.S. deficit with Turkey was $94.71 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Houston; No. 3 Port of Savannah, Ga.; No. 4 John F. Kennedy International Airport; and No. 5 Port of Everett, Wash.. During the same period the previous year, the top five were No. 1 Port of Houston No. 2 Port of Newark No. 3 Port of Savannah, Ga. No. 4 John F. Kennedy International Airport and No. 5 Port of Virginia. In the current time period, the top five accounted for 45.42 percent of Turkey’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 20.73 percent to $1.96 billion.
    Exports rose 3.93 percent to $356.31 million. Imports rose 25.22 percent to $1.61 billion.
  • Trade with No. 2 Port of Houston fell 23.03 percent to $1.26 billion.
    Exports fell 16.39 percent to $742.31 million. Imports fell 30.82 percent to $522.42 million.
  • Trade with No. 3 Port of Savannah, Ga. rose 3.13 percent to $1.16 billion.
    Exports fell 4.79 percent to $542.47 million. Imports rose 11.21 percent to $621.37 million.
  • Trade with No. 4 John F. Kennedy International Airport rose 14.32 percent to $1.15 billion.
    Exports rose 20.62 percent to $640.03 million. Imports rose 7.27 percent to $508.99 million.
  • Trade with No. 5 Port of Everett, Wash. rose 2105435 percent to $794.88 million.
    Exports rose 2105435 percent to $794.88 million. There were no imports.

Turkey ranked No. 32 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 32.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Turkey by value through August were the categories of Civilian aircraft, parts; Scrap iron, steel; Cotton; Petroleum gases, other gaseous hydrocarbons; and Plastics, respectively. They accounted for 50.96 percent of total exports to Turkey.

The value of the top five categories of U.S. imports from Turkey –– Carpets & Oth Text Floor Cover, Woven, No Tuf 5702; Motor vehicles for transporting people; Gasoline, other fuels; Defense-related aircraft, parts; and Aircraft engines, engine parts –– accounted for 21.57 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 125.32 percent compared to last year to $1.8 billion.
  • Scrap iron, steel fell 7.58 percent compared to last year to $696.56 million.
  • Cotton fell 10.35 percent compared to last year to $580.48 million.
  • Petroleum gases, other gaseous hydrocarbons rose 19.55 percent compared to last year to $289.79 million.
  • Plastics rose 80.77 percent compared to last year to $160.19 million.

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

  • Carpets & Oth Text Floor Cover, Woven, No Tuf 5702 rose 10.63 percent compared to last year to $398.07 million.
  • Motor vehicles for transporting people fell 3.58 percent compared to last year to $339.01 million.
  • Gasoline, other fuels fell 27.41 percent compared to last year to $278.23 million.
  • Defense-related aircraft, parts rose 10.71 percent compared to last year to $253.27 million.
  • Aircraft engines, engine parts rose 23.88 percent compared to last year to $246.09 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.