Turkey’s foreign trade deficit reached $2.23 billion in November 2019

Uncategorized Faizah Kamal 31-Dec-2019

Turkey’s foreign trade deficit reached $2.23 billion in November 2019, according to the country’s statistical authority on December 31.

The figure rocketed 232.2 percent on an annual basis last month, TÜİK said.

Turkish exports went up marginally 0.1 percent to $15.5 billion, while imports rose 9.7 percent to $17.7 billion in the same period.

The exports-to-imports coverage ratio fell to 87.4 percent in November 2019, while it was 95.8 percent in the same month last year.