Turkish foreigner trade The deficit widened to $8.8 billion (164.73 billion Turkish liras). in November, the country’s statistical authority announced on Friday.
The gap grew by 60.7% year-over-year data showed the Turkish Statistical Institute (TurkStat). The country’s exports increased by 2.1%. on On an annual basis to $21.9 billion last Month. Imports increased faster pace of exports, up 14% of a year Prior to $30.7 billion in November. exports to imports coverage The percentage decreased to 71.4% in November, compared to 79.8% for A year early.
Excluding energy products and non-monetary gold, Turkey posted Foreigner trade surplus of $175 million last Month.
The top export destination was Germany, which received $1.9 billion worth of Turkish exports. The United States followed with $1.4 billion, Iraq with $1.3 billion, Russia with $1.2 billion and Italy with $1 billion.
On the other hand side of Ledger, the best import destinations last The month was Russia with $4.7 billion, followed by China with $3.1 billion, Germany with $2.24 billion, Switzerland with $2.22 billion and Italy with $1.2 billion.
In the period from January to November, Turkey trade The deficit reached $99.8 billion, an increase of 153.4% over the same period last year. Turkey’s exports increased by 13.9% and amounted to about $231.3 billion, while the imports figure settled at $331.1 billion, which is an increase. of 36.6% over 11 months.
