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FinancialNews
30-04-20
Turkish exports drop 4 percent in January-March period
(MENAFN) According to Turkey's statistical authority, Turkish exports dropped 4 percent yearly in January-March period to stand at USD42.7 billion, while imports grew by 10.3 percent to reach USD55.6 billion.
The foreign trade deficit rose by 117.3 percent in the first 3 months of the year, as said by TurkStat.
It added that, "in January-March 2020 period, the foreign trade deficit was USD12.9 billion with a 117.3 percent increase compared to the same period last year".
Exports coverage imports were 76.8 percent in the same period, while it was 88.2 percent in January-March last year.
MENAFN3004202000450000ID1100096864
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