Turkey’s foreign trade deficit down 59 percent in August

Dünya Executive - - OVERVIEW -

Turkey’s fore gn trade def c t saw an annual fall of 59 percent n August, the country’s stat st cal author ty announced on September 28. Accord ng to TurkStat, Turkey’s mports decreased by 22.7 percent year-on-year to $14.8 b ll on n August, wh le exports fell 6.5 percent to $12.4 b ll on. Last month, the country’s fore gn trade def c t amounted to $2.4 b ll on, down from $5.9 b ll on n the same month last year. “In August 2018, exports coverage mports were 83.6 percent wh le n August 2017 they were 69.1 percent,” TurkStat sa d.

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