Foreign Trade Expectation Survey of 3rd Quarter of 2021
Export and Import Expectation Indices realized for the 3rd quarter of 2021.
08 July 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 June 1 – 17, 2021; Export Expectation Index realized as 127.6 in the 3rd 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 decreasing effects over the Index while the export orders of the last 3 months have an increasing effect over the Index.
Import Expectation Index realized as 114.5 in the 3rd quarter of 2021. Among the survey questions identifying the Import Expectation Index, the expectations regarding the imports for the next 3 months, the level of current import orders and the level of import orders of the last 3 months have increasing effects over the Index while the import unit price for the next 3 months has a decreasing effect over the Index compared to the previous quarter.
Source: Ministry of Trade