International trade
Exports climb record monthly high of $23.4 billion in June
Türkiye's exports reached $23.4 billion in June, marking the highest monthly figure on record, data from the Trade Ministry showed on July 2.
Exports increased by 18.5 percent last month from a year ago.
The country's imports, on the other hand, rose by 39.6 percent on an annual basis to stand at $31.5 billion.
Exports increase 15 percent in May to $19 billion
Turkey's exports increased by 15.2 percent on an annual basis to stand at $18.97 billion in May, preliminary data from the Trade Ministry showed on June 2.
The increase in the country's imports, which amounted to $29.65 billion last month, was faster at 43.8 percent.
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Exports surged 25 percent to $23.4 billion in April
Turkey's exports increased by 24.6 percent in April from a year ago to stand at $23.4 billion, the Turkish Statistical Institute (TÜİK) said on May 31.
Imports grew by 35 percent on an annual basis to $29.5 billion.
Consequently, the country's trade balance posted a deficit of $6.1 billion in April, rising 98.5 percent compared with the same month of 2021.
Exports rise 20 pct to $22.7 billion in March
Turkey's exports rose by 19.8 percent in March from a year earlier to stand at $22.7 billion, official data have shown.
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Bulgaria: In January and February Exports increased by 34%, but the Balance was Negative
Bulgaria's total foreign trade balance was negative in the first two months of the year and amounted to BGN 2.46 billion, according to the National Statistical Institute. The balance with third countries in the period January - February 2022 is also negative and amounts to BGN 2.51 billion.
Delo warns against misinterpretation of macroeconomic figures
Ljubljana – The newspaper Delo warns in Saturday’s commentary against misinterpretation of macroeconomic indicators before election, noting that rather than boasting with figures politicians should offer solutions for the future.
US accuses China of backing away from free-trade commitments
China has not adopted the rules of the World Trade Organization even after 20 years' membership, the United States said yesterday, adding that the world's second-biggest economy had "retained and expanded" its statist approach to the detriment of businesses and workers globally.
Foreign trade deficit shrinks 40 pct in October
Turkey's foreign trade deficit shrank by 40.1 percent to stand at $1.4 billion in October, the Turkish Statistical Institute (TÜİK) said on Nov. 29.
In October this year, exports coverage imports were 93.5 percent, while it was 87.8 percent in October last year, according to TÜİK data.
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Turkey focuses on green transition in trade
Turkey's Green Reconciliation Working Group, which was formed under the leadership of the Ministry of Commerce, will intensify its activities in order to remove barriers to foreign trade and ensure the green transformation of companies.
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The Largest Free Trade Agreement in the World is Already a Fact
New Zealand and Australia have ratified the multilateral trade agreement, considered the largest in the world, said today the Minister of State for Trade and Export Growing of Wellington Phil Twiford.