Turkey posts $2.5 billion foreign trade gap in August


Turkey’s foreign trade balance ran a $2.5 billion deficit in August, the Turkish Statistical Institute announced Monday.

The August figure was up 1.2% from the same month last year, said TurkStat.

Last month, Turkish exports hit $12.5 billion, up 1.6% on a yearly basis, while imports rose 1.5% year-on-year to $15 billion in August.

The exports-to-imports coverage ratio stood at 83.4% during the month.
Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.

AdvertisementThe new Emirates Premium Economy has arrived on the latest Emirates A380 Emirates Get the best value from your summer holiday with exclusive offers and discounts across Dubai and the UAE with Emirates Pass

What do you think?