Published December 29,2023
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Türkiye‘s overseas commerce deficit narrowed 32.6% year-on-year in November, the nation’s statistical authority mentioned on Friday.
The Turkish Statistical Institute (TurkStat) mentioned the deficit was at $5.9 billion in November, down from $8.8 billion in the identical month final 12 months.
The nation’s exports rose 5.2% to $22.99 billion within the month whereas imports dropped 5.7% to $28.9 billion on a yearly foundation.
In the primary 11 months of the 12 months, exports totaled $232.8 billion, up 0.7%, whereas imports amounted to $332.7 billion, climbing 0.5%.
The nation’s overseas commerce hole rose 0.1% year-on-year within the January-November interval to $99.9 billion.
Source: www.anews.com.tr