The volume of Turkish exports in August of this year increased by 1.6 percent compared to the same month of 2022 – to 21 billion 615 million dollars, and the volume of imports decreased by 6.9 percent – to 30 billion $ 271 million. Such preliminary data are given by the Institute of Statists of Turkey and the Ministry of Education.
At the same time, the deficit of foreign trade in August of this year decreased by 23.1 percent compared to the same month last year, from $ 11 billion to $ 8 billion, $ 8 billion.
The coefficient of coverage of export-imports in August of this year increased to 71.4 percent versus 65.4 percent in August 2022.
Meanwhile, the volume of Turkish exports in January -August of this year decreased by 0.4 percent compared to the same period of 2022 – up to 164 billion 794 million dollars. Whereas the volume of imports increased by 3.4 percent – to 247 billion 97 million dollars.
Foreigned trade deficiency in January -August of this year increased by 11.9 percent – to 82 billion 304 million dollars.
The coefficient of coverage of export-imports in January-August of this year amounted to 66.7 percent against 69.2 percent in the same period of 2022.