Foreign Trade Expectation Survey of 4th Quarter of 2021
Export and Import Expectation Indices realized for the 4th quarter of 2021.
07 October 2021 - Foreign Trade Expectation Survey (FTES) reflects assessments of Turkish leading foreign trade firms regarding recent and current situations along with their future expectations. Particularly, it helps to produce indices that can be stated as leading indicators.
FTEI > 100: A positive outlook to the foreign trade by the leading firms covered by the Foreign Trade Expectation Survey.
FTEI < 100: A negative outlook to the foreign trade by the leading firms covered by the Foreign Trade Expectation Survey.
*: Foreign Trade Expectation Index
According to the Survey conducted between the dates of August 31 – September 16, 2021; Export Expectation Index realized as 131.3 in the 4th quarter of 2021. Diffusion indices of survey questions composing the Export Expectation Index show that the expectations regarding exports and export orders for the next 3 months and the level of current export orders have increasing effects over the Index while the export orders of the last 3 months have a decreasing effect over the Index.
Import Expectation Index realized as 108.1 in the 4th quarter of 2021. Among the survey questions identifying the Import Expectation Index, the expectations regarding the imports and the import unit price for the next 3 months, the level of import orders of the last 3 months have decreasing effects over the Index while the level of current import orders has an increasing effect over the Index compared to the previous quarter.
Source: Ministry of Trade