Trade Performance Turkey's January trade data, released by the Turkish Statistical Institute and the Ministry of Trade, shows exports of $20.315 billion and imports of $28.695 billion, resulting in a trade deficit of $8.380 billion.
Exports fell 4% compared with the same month last year, while imports rose 0.1%.
The deficit increased 11.6% year‑on‑year, from $7.511 billion to $8.380 billion.
Energy and Non‑Monetary Gold Excluded When energy and non‑monetary gold are excluded, exports dropped 2% to $19.107 billion, and imports rose 5.3% to $21.907 billion.
In this category, the trade deficit narrowed to $2.800 billion and total trade volume reached $41.014 billion, up 1.8%.
The export‑import coverage ratio stood at 87.2%.
Overall Assessment The January figures highlight a widening trade deficit and a tighter margin in non‑energy, non‑gold trade.
January Trade Balance Deficit Reaches $8.38 Billion
Turkey's January trade data shows a $8.38 billion deficit, with exports at $20.315 billion and imports at $28.695 billion, a 11.6% increase from the previous year.
Sources
- BHA - Birlik Haber Ajansı · baglanti