Turkey’s foreign trade gap narrows over 63 percent in February

Dünya Executive - - OVERVIEW -

Turkey’s fore gn trade def c t shrank 63.1 percent year-on-year to reach some $2.1 b ll on n February, accord ng to the country’s stat st cal nst tute on March 29. Turk sh exports rose 3.4 percent on a yearly bas s to reach nearly $13.6 b ll on last month, TurkStat data showed. The country’s imports n February reached $15.7 b ll on, fall ng 16.9 percent compared to the same month last year. The report showed that the exports-to-imports coverage rat o surged to 86.4 percent last month from 69.4 percent n February 2018.

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