2023-07-30 06:22:48
Ankara (Turkish Zaman) – Official data revealed that the foreign trade deficit in Turkey has risen to 61 billion and 235 million dollars..
According to what was announced by the Turkish Statistical Institute (TUIK) on foreign trade statistics for the month of June 2023, exports decreased by 10.5 percent compared to the same month of the previous year and amounted to 20 billion and 904 million dollars, while imports decreased by 17.5 percent to reach 26 billion and 64 Million dollars.
According to the general trade system, exports decreased from January to June of 2023 by 1.9 percent compared to the same period in the previous year and amounted to 123 billion and 341 million dollars, while imports increased by 4.1 percent to reach 184 billion and 576 million dollars. .
In June, the foreign trade deficit decreased by 37.3 percent compared to the same month of the previous year, from 8 billion and 236 million dollars to 5 billion and 160 million dollars. While the ratio of exports to imports was 73.9 percent in June 2022, it increased to 80.2 percent in June 2023.
From January to June, the foreign trade deficit increased by 18.7 percent from 51 billion 577 million dollars to 61 billion 235 million dollars. While the ratio of exports to imports was 70.9% in the January-June period of 2022, it decreased to 66.8% in the same period of 2023.
Exports, excluding energy products and non-monetary gold, decreased by 10.4% in June 2023 from 21 billion 810 million dollars to 19 billion 547 million dollars.
In June, imports, excluding energy products and non-monetary gold, decreased by 10.9 percent from 22 billion 272 million dollars to 19 billion 846 million dollars.
The foreign trade deficit, excluding energy products and non-monetary gold, was $299 million in June.
The volume of foreign trade decreased by 10.6% and amounted to 39 billion 393 million dollars. In the aforementioned month, the ratio of exports to imports, excluding energy and gold, was 98.5 percent.
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