(MENAFN- Trend News Agency) Türkiye's exports hit an all-time high for January with a 10.4
percent annual jump to $19.4 billion, Trade Minister Mehmet Mus
said, trend reports
citing hurriyet daily news .
Imports spiked to $33.7 billion - up 21.2 percent - last month
due to surging energy and commodity prices, the minister said at a
news conference in Ankara.
“Despite the ongoing uncertain outlook in the global economy in
2023, we are working hard to further our export success,” Muş
said.
The weak demand in the European economies creates a significant
risk to our exports, Muş said.“We are working to ensure that
Türkiye is the first choice in the supply of goods and services for
the Middle East and Gulf countries, whose incomes, and therefore
demands, are rising due to rising energy prices.”
The country's energy imports amounted to $9 billion in January,
Mus said, leaping 238 percent from a year earlier.
Türkiye's trade deficit jumped to $14.3 billion in January,
mainly due to energy imports and commodity prices.
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