Turkey

01-09-2021

Turkish trade deficit widens to $4.28 bln in July

Turkey

Turkey's foreign trade deficit widened 51.3% year-on-year in July to $4.278 billion according to the general trade system, data from the Turkish Statistical Institute showed on Tuesday.

 

After trade a year earlier was hit by the pandemic, Turkey's exports climbed 10.2% and imports rose 16.8% compared with July 2020, the institute said. In the first seven months of the year, the trade deficit narrowed 4.7% to $25.48 billion.