Foreign Trade Expectation Survey of 4th Quarter, 2013 (October 11, 2013 ).

Foreign Trade Expectation Survey (DTBA) reflects assessments of Turkish foreign trade depending on recent and current situations along with future expectations of leading firms. Particularly, it helps to produce indices which can be stated as leading indicators.

Export Expectation Index increases by 8.6 points to 109.6 in the 4th quarter of 2013 from 101 in the 3rd quarter. Diffusion indices of Survey questions composing the Export Expectation Index show that, in the 4th quarter of 2013, in comparison to the 3rd quarter, expectations regarding exports and export orders of the next 3 months along with the level of current export orders have increasing effects over the Index, while the level of export orders belonging to the last 3 months has a decreasing effect.

Import Expectation Index decreases by 7.1 points to 106.2 in the 4th quarter of 2013 from 113.3 in the 3rd quarter. In the 4th quarter of 2013, in comparison to the 3rd quarter, among the Survey questions identifying the Import Expectation Index: import expectations of the next 3 months, the level of current import orders and the level of import orders of the last 3 months have decreasing effects over the Index, while expectations regarding unit import price have an increasing effect.

Source: Republic of Turkey Ministry of Economy