International Merchandise Trade Statistics: Exports: Commodities for Turkiye
XTEXVA01TRM664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
920,070,100,000.00
Year-over-Year Change
25.63%
Date Range
1/1/1955 - 5/1/2025
Summary
This trend measures the value of merchandise exports from Turkiye to the rest of the world, broken down by commodity. It provides insights into the country's trade balance and economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The International Merchandise Trade Statistics: Exports: Commodities for Turkiye series tracks the value of goods exported from Turkiye to international markets, categorized by commodity type. This data is used by economists and policymakers to analyze Turkiye's trade dynamics and overall economic health.
Methodology
The data is collected through surveys and administrative records by the Turkish Statistical Institute.
Historical Context
Policymakers and market analysts use this trade data to inform decisions on economic policies, tariffs, and trade agreements.
Key Facts
- Turkiye is the 20th largest exporter in the world.
- Machinery and transport equipment are Turkiye's top exported commodities.
- Turkiye's trade surplus reached $6.9 billion in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of merchandise exports from Turkiye to the rest of the world, categorized by commodity type.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Turkiye's trade balance and economic performance, which is crucial for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the Turkish Statistical Institute.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trade data to inform decisions on economic policies, tariffs, and trade agreements.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical delay of 2-3 months.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Turkiye (XTEXVA01TRM664S), retrieved from FRED.