Turkiye Trade Deficit Narrows to $5.24 Billion in August as Export Coverage Reaches 81.7%

Cumhuriyet

Lean Left

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Turkey's foreign trade figures for August have been released. The trade deficit widened as imports increased more than exports, and the export-to-import ratio declined. In August, Germany ranked first in exports, while China ranked first in imports.

Kısa Dalga

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The Turkish Statistical Institute (TÜİK) announced that, according to the general trade system, exports in August increased by 8.1 percent compared to the same month last year, reaching $23.467 billion, while imports increased by 10.5 percent to $28.706 billion. The foreign trade deficit increased by 22.3 percent in August, reaching $5.239 billion.

RayHaber

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The Turkish Statistical Institute (TÜİK) announced the foreign trade indices for August. According to the data, exports increased by 8.1% to $23.5 billion, while imports rose by 10.5% to $28.7 billion. The foreign trade deficit increased by 22.3% to $5.2 billion, with Turkey's largest export market being Germany and its largest import market being China. 🚆

yenicaggazetesi.com

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Despite the increase in exports in August, the continued rise in imports caused the foreign trade deficit to explode by 22.3 percent, reaching $5.2 billion.

serbestiyet.com

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According to Turkish Statistical Institute (TÜİK) data, the foreign trade deficit in August increased by 22.3 percent compared to the same month of the previous year, rising from $4.283 billion to $5.239 billion. The article "Foreign trade deficit increased by 22.3 percent annually in August" was first published on Serbestiyet.