Economy of Sudan
Foreign trade deficit continues to shrink in February
Türkiye's foreign trade deficit continued to decline in February, the preliminary data from the Trade Ministry have shown.
The country's foreign trade deficit declined by 42.3 percent last month to $7 billion, after shrinking more than 56 percent in January to $6.2 billion.
Exports from 45 provinces rise in January
Exports from 45 of Türkiye's 81 provinces increased in January compared to the same month of the previous year, the Trade Ministry has said.
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Exports rise nearly 4 pct to $20 billion in January
Türkiye's exports increased by 3.6 percent in January from a year ago to more than $20 billion, the data from the Trade Ministry have shown.
Imports were down 22 percent compared to the first month of last year to $26.2 billion.
The country's foreign trade deficit shrank 56.8 percent year-on-year to $6.17 billion.
Foreign trade deficit shrinks 33 percent
Türkiye's foreign trade deficit declined by 32.6 percent in November from a year ago to $5.92 billion, the data from the Turkish Statistical Institute (TÜİK) have shown.
Exports climbed 5.2 percent year-on-year to $23 billion, while imports were down 5.7 percent compared with November 2022 to $28.9 billion.
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Foreign trade deficit shrunk nearly 50 percent in September
Türkiye's foreign trade came in at $5 billion in September, pointing to a 47.8 percent decline from a year ago, data from the Turkish Statistical Institute (TÜİK) have shown.
Exports fell 0.5 percent year-on-year to $22.49 billion, and the annual decline in imports was 14.6 percent to $27.5 billion.
Exports increase more than 8 percent to $20 billion in July
Exports increased by 8.3 percent in July from a year ago after plunging nearly 11 percent in the previous month, the data from the Turkish Statistical Institute (TÜİK) have shown.
The country's export revenues amounted to $20 billion last month.
Agriculture and food exports generate $12.2 billion in revenue
Türkiye's agriculture, food and drinks industry has generated a total of $12.23 billion in export revenues in the first six months of 2023.
The industry's imports, on the other hand, amounted to $12.46 billion, according to the Federation of Food and Drink Industry Associations (TGDF).
Export and imports rose 1 percent and nearly 18 percent, respectively, from a year ago.
Automotive exports top $3 billion in June
The Turkish automotive industry's exports grew by 9 percent year-on-year in June to more than $3 billion, according to the Automotive Industry Exporters' Association (OİB).
For a third time this year, monthly exports were above the $3 billion mark, said Baran Çelik, the board chair of OİB.
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Trade deficit posts 11% drop in May
The Greek trade deficit shrank 11% in May during a month which showed a 15.4% drop in exports and a 13.6% decline in imports, the Hellenic Statistical Authority said on Friday.
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Foreign trade deficit down 34.5 percent
Türkiye's foreign trade deficit has dropped by 34.5 percent in June, according to data announced on July 3 by the Trade Ministry.
"Despite the weak course of production and foreign trade in the world economy and the effect of the nine-day holiday of Eid al-Adha, our monthly exports in June amounted to $20.9 billion," the ministry said in statement.
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