Country’s overseas shipments in April marginally rose by 0.13% from last year, trade minister says citing preliminary data
Türkiye’s exports in April rose slightly by 0.13% year-on-year to $19.3 billion, the trade minister said on Friday, citing preliminary data.
“This limited increase was due to the fact that the factories were closed during a week-long Eid al-Fitr holiday,” Omer Bolat said.
Turkish imports rose 4.2% from last year to $29.2 billion in April, he stressed.
As a result, the country’s trade balance posted a deficit of $9.9 billion last month, surging 13.3% year-on-year.
In January-April, Türkiye’s overseas shipments rose 2.7% from the prior year to $82.9 billion,Bolat underlined.
Its imports dropped 8.9% annually to $113.1 billion in the four-month period.
Türkiye’s trade gap narrowed by 30.5% to $30.2 in the same period.
Source: aa