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Turkish exports hit $22.7 billion in March where energy costs pay the deficit

by John Pierce
July 3, 2023
in Business
1 min read
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Turkey’s exports increased by 19.8% year-over-year in March to reach $22.7 billion (334 billion Turkish liras), the nation trade minister announced Monday.

Mohamed Much said the number of exports hit Its all-time high for the month of March.

Country imports in March amounted to $30.9 billion, with $8.4 billion of this is amount Coming from energy imports, he noted.

The country’s imports of energy on Increase base value by 156%. year-on-year in March due to the sharp rise in energy prices in recent period, and minister He said.

export and import coverage The ratio was 73.4% in March, while 95% was excluding energy imports.

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