In The Past Ten Years, The Trade Deficit Of Turkey'S Cotton Trade Has Reached 9 Billion US Dollars.

< p > Turkey media reported that Turkey is a major exporter of "a href=" //www.sjfzxm.com/news/index_c.asp "textile > /a". During the past 10 years, cotton imports in Turkey increased continuously, and cotton < a href= "//www.sjfzxm.com/news/ index_cj.asp" > trade deficit < /a > over 9 billion US dollars.

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< p > according to reports, since 2002, Turkey has imported 21 billion 700 million US dollars of cotton, cotton fiber and cotton cloth, and the amount of exported similar products is US $12 billion 600 million.

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< p > the report points out that the cost of cotton planting in Turkey is much higher than that in other countries.

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According to the data of the Turkey statistical agency, the cotton planting area of Turkey in the past ten years was 1 billion 790 million square meters, accounting for the proportion of cotton production in the world from 4.6% in 2002 to 2.1% in last year.

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< p > according to the statistics of the food and Agriculture Organization of the United Nations (FAO), Turkey is now the second largest cotton importer in the world, second only to China.

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< p > over the past ten years, the price of imported cotton has risen by nearly 275%.

In contrast, the average purchase price was 2.13 US dollars / kg. In January 2012, Turkey sold cotton price of US $1.69 / kg in -10 months, which has an impact on its trade deficit.

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< p > 2011 Turkey cotton imports 1 billion 800 million US dollars, the United States is the largest export country of cotton to Turkey, reaching US $1 billion 300 million.

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< p > Brazil ranked second, Greece third.

The three countries maintained the same status in 2012.

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< p > < strong > related links: < /strong > < /p >

< p > trade deficit, Unfavorable Balance 0f Trade, the export trade value of a country in a certain period (such as a year, a half year, a quarter, a month, etc.) is less than the total value of import trade, that is, the trade deficit.

It is also known as "trade deficit" and "trade deficit".

It reflects the state of commodity trade between countries, and is also an important index to judge the operation of macro-economy.

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< p > when a country has a trade deficit, it means that the foreign exchange reserves are reduced, and the international competitiveness of its commodities is weakened, and its foreign trade is in a disadvantageous position during that period.

A large trade deficit will aggravate the flow of domestic resources and increase external debt, which will affect the normal and effective operation of the national economy.

Therefore, the government should try to avoid a long-term trade deficit.

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