Foreign Trade News from Turkey

Turkey's total oil imports, in March of last year (2019) fell 7.2 percent compared with the same month.

Turkey's total oil imports fell 7.2 percent in March compared to the same month last year.According to the "Petroleum Market Sector Report" of the Energy Market Regulatory Authority for March,Crude oil purchase of Turkey which constitutes the biggest item in total oil imports, increased by 7.2 percent to 2 million 686 thousand 485 tons. 

In this period, the highest amount of crude oil imports was made from Iraq with 1 million 295 thousand 649 tons, followed by Russia with 485 thousand 826 tons and Kazakhstan with 306 thousand 156 tons.In this period, diesel imports decreased by 37 percent to 672 thousand 804 tons. The remaining part of the imports were aviation and marine fuels, fuel oil types and other products.

Thus, Turkey's total oil imports in March compared to the same month last year decreased by 7.2 percent to 3 million 525 thousand 608 tons.

Aviation fuel exports decreased by 33.4 percent in March compared to the same month of the previous year and decreased to 231 thousand 628 tons. Marine fuel exports decreased by 89.2 percent to 44 thousand 710 tons.In this period, the export of diesel types reached 302 thousand 565 tons with an increase of 61.6 percent, while the export of gasoline types decreased by 6 percent to 261 thousand 123 tons. together, total exports decreased by 30 percent to 967 thousand 351 tons.

Source: haber.evrim.com

EUROSTAT published the international trade data of the EU and the Eurozone in March 2020

The European Statistical Office (Eurostat) published the international trade data of the EU and the Eurozone in March. Accordingly, EU exports in March decreased by 10.2 percent compared to the same month of the previous year and fell to 167.4 billion euros, while imports decreased by 12.2 percent to 145.2 billion euros. Thus, the EU realized a 22.2 billion-euro trade surplus in March.

In the Eurozone, exports decreased by 6.2 percent in March of this year compared to March of 2019 and recorded as 193.3 billion euros. Imports fell 10.1 percent to 165 billion euros. The trade surplus of the Eurozone reached about 28.3 billion euros in March

The countries with the highest imports from EU countries in the said period were the USA with 34.9 billion euros, England with 25.9 billion euros, China with 15.5 billion euros, Switzerland with 12.6 billion euros, Russia with 7.2 billion euros and Turkey with 6 billion euros.

Turkey,6th Largest Steel Exporter in the World and 2nd Steel Exporter in Europe in 2019

In 2019, the Republic of China became the world's largest steel exporter, with a total steel exports of 62.7 million tons. While the republic of China is followed by Japan and South Korea,in the List of the world's largest steel exporters, Russia found itself in sixth place, Turkey fourth and Germany fifth place.

Turkey is the 6th largest steel exporter in the world with 19.5 million tonnes of steel exports and is located in second place after Germany in Europe.

3 Asian countries, which are the 3 largest exporters, realized 29% of the total world steel exports. The share of the top 10 exporting countries in total world exports was 60%.

Priority Medicines List for Customs Used during COVID-19 aims to assist Customs operators (30 April 2020)

The WHO / WCO Priority Medicines List for Customs Used during COVID-19 aims to assist Customs and economic operators in the classification of these medicines. The list contains recommended HS codes for drugs used in general medical care applied to inpatients.

Pdf file of medicines applied in general medical care and recommended Harmonized System codes for inpatients due to COVID-19 by World Health Organization (WHO) and World Customs Organization (WCO) was published on the link below for information purposes.

It is presented to your information.

Source:WHO

Click here to see the WHO / WCO Priority Medicines List.