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Turkey

Turkey ranked No. 32 in total trade value through July with a total of $12.13 billion. Exports totaled $6.1 billion and Imports totaled $6.03 billion, a surplus of $68.18 million.

January – July 2019

Top Trading Ports

Total Trade: $12.13 billion

RankPortTotal YTD
1Port of Newark $1,734,100,379
2Port of Houston $1,093,905,014
3Port of Savannah, Ga. $1,022,956,073
4John F. Kennedy International Airport $995,222,879
5Port of Everett, Wash. $635,871,094
6Port of Virginia $591,660,305
7Chicago O’Hare International Airport $459,804,614
8Port of Baltimore, Md. $383,932,235
9Los Angeles International Airport $363,924,606
10Port of New Orleans $315,832,859

U.S. trade with Turkey rose to $12.13 billion through July

Turkey’s trade with the United States rose to $12.13 billion through the first seven months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.78 percent above its total trade during the same time period last year. U.S. exports to Turkey increased 2.52 percent while U.S. imports from Turkey rose 1.04 percent. The U.S. surplus with Turkey was $68.18 million.

Through July, 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 45.2 percent of Turkey’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 22.65 percent to $1.73 billion.
    Exports rose 9.51 percent to $336.21 million. Imports rose 26.3 percent to $1.4 billion.
  • Trade with No. 2 Port of Houston fell 26.4 percent to $1.09 billion.
    Exports fell 18.12 percent to $660.41 million. Imports fell 36.22 percent to $433.49 million.
  • Trade with No. 3 Port of Savannah, Ga. rose 4.14 percent to $1.02 billion.
    Exports fell 6.56 percent to $490.06 million. Imports rose 16.41 percent to $532.89 million.
  • Trade with No. 4 John F. Kennedy International Airport rose 11.72 percent to $995.22 million.
    Exports rose 15.61 percent to $546.6 million. Imports rose 7.32 percent to $448.63 million.
  • Trade with No. 5 Port of Everett, Wash. rose 2117847 percent to $635.87 million.
    Exports rose 2117847 percent to $635.87 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 $2.41 trillion, down 0.06 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $956.44 billion; imports climbed 0.38 percent to $1.45 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 $498.31 billion, up compared to the same period of last year when the deficit was $485.95 billion.

The top five U.S. exports to Turkey by value through July were the categories of Civilian aircraft, parts; Scrap iron, steel; Cotton; Petroleum gases, other gaseous hydrocarbons; and Plastics, respectively. They accounted for 50.27 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; Defense-related aircraft, parts; Gasoline, other fuels; and Aircraft engines, engine parts –– accounted for 21.86 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 139 percent compared to last year to $1.54 billion.
  • Scrap iron, steel fell 9.71 percent compared to last year to $600 million.
  • Cotton fell 12.42 percent compared to last year to $545.92 million.
  • Petroleum gases, other gaseous hydrocarbons rose 6.41 percent compared to last year to $240.6 million.
  • Plastics rose 80.37 percent compared to last year to $141.23 million.

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

  • Carpets & Oth Text Floor Cover, Woven, No Tuf 5702 rose 9.8 percent compared to last year to $348.55 million.
  • Motor vehicles for transporting people rose 0.53 percent compared to last year to $312.79 million.
  • Defense-related aircraft, parts rose 15.88 percent compared to last year to $229.41 million.
  • Gasoline, other fuels fell 21.84 percent compared to last year to $218.4 million.
  • Aircraft engines, engine parts rose 18.8 percent compared to last year to $209.33 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.