Trade Ministry

Exports rose nearly 25 percent to $23.4 bln in April

Turkey's exports increased by 24.6 percent in April from a year ago to reach $23.4 billion, data from the Trade Ministry have shown.

"This marked the all-time highest in monthly exports," Trade Minister Mehmet Muş said on Twitter, adding that the country's 12-month exports surpassed the $240 billion threshold.

Exports increased nearly 20 percent to $22.7 billion in March

Turkey's exports rose by 19.8 percent on an annual basis to climb to $22.7 billion in March, data from the Trade Ministry have shown.

This marked an all-time high export figure for the month of March, Trade Minister Mehmet Muş said, adding that in January and February record monthly export levels were recorded. "Third time in a row, we achieved those record numbers," Muş tweeted.

Automotive sector to be hit by Ukraine crisis ‘indirectly’

The Turkish automotive sector could be affected indirectly by the Russia-Ukraine conflict because of rising costs, according to professionals.

Turkey's exports to Russia, which hit $705 million last year, is not expected to be affected so far, Baran Çelik, the head of the Automotive Exporters Association (OİB), told daily Hürriyet.

House sales to foreigners up 56.5 percent in January: TÜİK

Residential property sales to foreign buyers rose by 56.5 percent year on year to 4,186 units in January, according to data announced by the Turkish Statistical Institute (TÜİK) on Feb. 18.

Istanbul, Turkey's largest city by population and the commercial hub of the country, took the lion's share of sales to foreign buyers, with 1,771 units.

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