Turkey’s exports hit another all-time monthly high as sales hit $20 billion in February, the trade minister announced on Wednesday.
Exports were up 25.4% year-over-yearMehmet Muş said in a meeting in the capital Ankara to announce the preliminaries trade The figures.
Imports jumped 45.6% year-over-year to $28.1 billion, according to the data, due to harsh winter conditions and rising energy price.
Of this amount, energy-related purchases represented for about $9 billion, according to the data.
the stranger trade the deficit jumped 142% to $8.1 billion, Muş said.
the stranger trade volume soared 36.4% to $48.1 billion last month, the minister Noted.
The export-import-excluding energy coverage ratio was 95.1% in February, he added.
The number of exporting companies increased by more over 5,000 year-over-year in February, Muş said.
