Indicator Showing Turkey's Trade Balance
Turkey| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The trade balance is an economic indicator that shows the difference between exports and imports of goods and services in Turkey. This data is published monthly by the Turkish Statistical Institute (TUIK) and is crucial for assessing the health of trade and international competitiveness.
When the trade balance is in surplus (positive), exports exceed imports, leading to an increase in foreign currency reserves, which is beneficial for the Turkish economy. Conversely, when there is a trade deficit (negative), imports exceed exports, resulting in a decrease in foreign currency reserves, indicating economic imbalance.
This data serves as a reference for policymakers in adjusting trade policies and exchange rate policies. Fluctuations in the trade balance can impact exchange rates, financial markets, and policy decisions. Additionally, it is an important source of information for businesses and investors in shaping export-import strategies and investment decisions.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
