Türkiye registered the best month-to-month exports ever in October, official information confirmed Monday, whereas its commerce deficit decreased by 15% on a month-to-month foundation.
“In October, our exports increased by 7.4% compared to the same month of the previous year and reached $22.9 billion. This marked the highest export value for the month of October,” stated Trade Minister Ömer Bolat.
“In general, despite all the difficulties and problems we have faced, our exports have continued to rise on a monthly basis after July, following August and September,” he added.
“For the period of January-October 2023, our exports reached $210.1 billion, surpassing the export value for the same period of the previous year by 0.3%,” Bolat famous.
Türkiye’s 12-month rolling exports reached $254.8 billion as of this October, exceeding the record-high determine of $254.2 billion registered at end-2022, the minister knowledgeable.
On the opposite hand, the imports surged by 1.3% in October, reaching $29.6 billion, he stated.
The commerce deficit, in the meantime, decreased by 15% to $6.7 billion final month, the info confirmed, bringing the deficit within the January to October interval to $94 billion. In the identical interval of 2022, the commerce deficit stood at $91 billion.
Source: www.dailysabah.com