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30-05-20
Exports of Turkey stand at USD9 billion in April
(MENAFN)
The statistical authority of Turkey said on Friday that the exports of the country declined 41.4 percent in April compared to a year earlier to set at USD8.99 billion in the month.
The Turkish Statistical Institute (TurkStat) said that the import of Turkey aslo saw a decline of 25 percent to set at a total of uSD13.55 billion in April in comparison to the same month of a year earlier.
Adding that the foreign trade deficit stood at USD4.56 billion, representing a rise of 67 percent in comaprison with the same month a year ago.
TurkStat said that "in April 2020, the exports-covering-imports ratio was 66.3% while it was 84.9% in April 2019".
MENAFN3005202000450000ID1100245720
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