Foreign trade balance gave a deficit of 5.4 billion dollars in June

According to the data of the Ministry of Commerce, the foreign trade balance had a deficit of 5.4 billion dollars in June.

In June 2023, compared to the same month of the previous year; exports decreased by 10.5 percent to 20 billion 901 million dollars, imports decreased by 16.8 percent to 26 billion 297 million dollars, foreign trade volume decreased by 14.1 percent to 47 billion 198 million dollars.

In the January-June period of 2023, exports decreased by 1.8 percent compared to the same period of the previous year and became 123 billion 377 million dollars, while imports increased by 4.3 percent and became 184 billion 795 million dollars. In this period, foreign trade volume increased by 1.7 percent and amounted to 308 billion 172 million dollars.

In the statement of the ministry, the reason for the annual decrease was shown as the pause in orders and deliveries due to the 9-day Eid al-Adha.

China was the country with the most imports in June

The countries with the highest exports in June are respectively; Germany (1 billion 780 million dollars), USA (1 billion 330 million dollars) and England (1 billion 12 million dollars).

The countries with the highest imports in June are respectively; China (3 billion 818 million dollars), the Russian Federation (2 billion 981 million dollars) and Germany (2 billion 12 million dollars).

In May, Russia was the country with the most imports.

The share of the top 10 countries with the largest share in imports in total imports was 58.9 percent.

In June, the share of exports by sectors is 95.2 percent (19 billion 896 million dollars) for the manufacturing industry, 2.8 percent (583 million dollars) for the agriculture, forestry and fisheries sector, and 1.5 percent for the mining and quarrying sector, respectively. 318 million dollars).

The share of imports by sectors in June, respectively; 82.1 percent (21 billion 588 million dollars) for the manufacturing industry, 10.6 percent (2 billion 789 million dollars) for the mining and quarrying sector, 4.8 percent (1 billion 259 million dollars) for the agriculture, forestry and fisheries sector ) happened.