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Turkiye: Foreign trade figures have been announced

Turkiye’s exports increased by 18.7% in June compared to the same month of the previous year and reached $23 billion 428 million, while imports increased by 39.7% to $31 billion 595 million.

Temporary foreign trade data for June, created in cooperation with the Turkish Statistical Institute and the Ministry of Trade, were announced.

Accordingly, within the scope of the General Trade System (GTS), exports increased by 18.7% compared to the same month of the previous year and reached $23 billion 428 million, while imports increased by 39.7% and reached $31 billion 595 million.

The foreign trade deficit increased by 184.5% in June compared to the same month of the previous year and reached $8 billion 167 million.

While the ratio of exports to imports was 87.3% in June 2021, it decreased to 74.1% last month.

In the January-June period, exports increased by 20% compared to the same period of the previous year and amounted to $125 billion 866 million, while imports increased by 40.6% to $177 billion 267 million.

The foreign trade deficit increased by 142.7% in the January-June period and rose to $51 billion 400 million.

While the ratio of exports to imports was 83.2% in the January-June 2021 period, it decreased to 71% in the same period of this year.

Foreign trade excluding energy and gold

Exports excluding energy products and non-monetary gold increased by 15.7% in June from $18 billion 895 million to $21 billion 856 million.

In June, imports excluding energy products and non-monetary gold increased by 19.4% from $18 billion 646 million to $22 billion 272 million.

Foreign trade deficit excluding energy products and non-monetary gold was $416 million in June.

Foreign trade volume increased by 17.5% to $44 billion 128 million. In the said month, the ratio of exports to imports excluding energy and gold was recorded as 98.1%.

Source: Sabah / Translated by Irem Yildiz

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