Economy
Türkiye's foreign trade gap narrows 31.1% in first 9 months of year
From January to September, exports up 2.6% to $191.75B, while imports down 8.1% to $252.2B
Gokhan Ergocun |
31.10.2024 - Update : 31.10.2024
ISTANBUL
Türkiye's foreign trade deficit narrowed 31.1% on a yearly basis to $60.43 billion this January-September, according to official new figures.
The country's exports totaled $191.75 billion in the nine-month period, up 2.6%, the Turkish Statistical Institute (TurkStat) said on Thursday.
Imports to Türkiye fell 8.1% on a yearly basis in the same period to $252.18 billion.
The export-import ratio was at 76% this January-September, up from 68.1% in the same period last year.
On a monthly basis, exports were at $21.98 billion, down 1.9%, while imports totaled $27.11 billion, down 1.4%.
The foreign trade deficit was at $5.13 billion in September alone.
