Sunday, 17 October 2021 09:47 GMT

Turkish exports post annual increase

(MENAFN)According to Turkey’s trade minister, the country stated an annual increase of 10 percent, and exports strike the greatest high last month number of USD16.4 billion.

During a news conference in the capital Ankara, quoting initial numbers, Mehmet Mus declared that the yearly rolling export number in July topped USD200 billion for first time in the country’s history and stood at USD201.5 billion.

Mus also added that Turkey’s imports rose 17 percent to USD20.7 billion in July.

Moreover, exports summed USD121.4 billion in the first seven months, to increase 35 percent from the same mentioned months of 2020.

The minister also said "If we compare the seven-month figure with the pre-pandemic period (January-July 2019), this also posted a 16.4 percent increase."

The country’s imports rose 26 percent on a yearly basis to USD146.8 billion in the same mentioned period of 2021.

According to the minister, the exports/imports coverage percentage jumped 5.6 percentage points to 82.7 percent in the January-July period.

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