Foreign trade data announced Turkey's exports, rose 4.8 percent in September compared to the same month last year, 16 billion, $ 9 million, imports increased by 23 percent to 20 billion 837 million dollars. Foreign trade deficit increased by 189.6 percent to 4 billion 828 million dollars.
announced the provisional foreign trade data for September, formed by the Ministry of Commerce cooperation with Turkey Statistical Institute.
Accordingly, within the scope of the General Trade System (GTS), exports increased by 4.8 percent in September compared to the same month of the previous year and reached 16 billion 9 million dollars, and imports reached 20 billion 837 million dollars with an increase of 23 percent.
Foreign trade deficit increased by 189.6 percent in September, reaching $ 4 billion 828 million. The ratio of exports to imports decreased from 90.2 percent in September 2019 to 76.8 percent.
In the January-September period, exports decreased by 10.9 percent compared to the same period of the previous year to 118 billion 325 million dollars, imports increased by 1.5 percent to 156 billion 186 million dollars.
Foreign trade deficit increased by 79.5 percent in the January-September period, reaching 21 billion 93 million dollars. While the ratio of exports to imports was 86.3 percent in January-September 2019, it decreased to 75.8 percent in the same period of this year.
In September, exports excluding energy products and gold increased by 8.4 percent and imports by 15.5 percent.
Excluding energy products and non-monetary gold, exports increased by 8.4 percent in September, rising from $ 14 billion 335 million to $ 15 billion 541 million.
In September, imports excluding energy products and non-monetary gold increased by 15.5 percent from $ 12 billion 784 million to $ 14 billion 769 million.
Foreign trade surplus, excluding energy products and non-monetary gold, was 772 million dollars in September. Foreign trade volume increased by 11.8 percent to 30 billion 311 million dollars. In the month in question, the ratio of exports excluding energy and gold to imports was recorded as 105.2 percent.