
403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Türkiye’s Export Value Reaches Record High
(MENAFN) Türkiye’s exports over the past 12 months reached a historic peak, hitting USD267 billion in June, according to Turkish Trade Minister Omer Bolat, who announced the figures on Wednesday.
In the month of June alone, the nation’s exports climbed by 8 percent, reaching USD20.54 billion, while imports surged by 15.3 percent to USD28.7 billion, based on data released by the Trade Ministry.
The foreign trade deficit for June stood at USD8.17 billion, with the export-to-import coverage ratio recorded at 71.5 percent.
Speaking at a press briefing in Istanbul, Bolat emphasized that the 8 percent growth in exports was the highest increase observed in the last year.
During the first half of the year, from January to June, exports grew by 4.1 percent to USD131.44 billion, whereas imports rose by 7.2 percent year-on-year, totaling USD180.87 billion.
Türkiye experienced a foreign trade shortfall of USD49.43 billion in the six-month period, while the export-import coverage ratio for that timeframe was 72.7 percent.
In the month of June alone, the nation’s exports climbed by 8 percent, reaching USD20.54 billion, while imports surged by 15.3 percent to USD28.7 billion, based on data released by the Trade Ministry.
The foreign trade deficit for June stood at USD8.17 billion, with the export-to-import coverage ratio recorded at 71.5 percent.
Speaking at a press briefing in Istanbul, Bolat emphasized that the 8 percent growth in exports was the highest increase observed in the last year.
During the first half of the year, from January to June, exports grew by 4.1 percent to USD131.44 billion, whereas imports rose by 7.2 percent year-on-year, totaling USD180.87 billion.
Türkiye experienced a foreign trade shortfall of USD49.43 billion in the six-month period, while the export-import coverage ratio for that timeframe was 72.7 percent.

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- NEXBRIDGE And NEXPLACE Raise $8M Series A To Launch Integrated Bitcoin Capital Markets Ecosystem
- Status Unveils First Gasless L2 On Linea With 100% Community Yield Allocation Mechanism
- Numerai Announces $1M Strategic Buyback Of NMR
- Option Samurai Unveils A Custom Option Screener That Lets Traders Scan For Any Options Strategy
- No. 1 Defi Protocol On Aptos, Echo, Launches Token Generation Event
- Bitget Lists PUMPUSDT For Futures Trading And Launches Trading Bot Support
Comments
No comment