Turkey's Trade Deficit Falls by 42.3 Percent

  • Ankara, Turkey
  • 4 March 2024
1

Turkey's trade balance deficit fell by 42.3 percent during February 2024 year-on-year to $7 billion. Exports rose 13.6 percent to $21.09 billion in February, while imports fell 8.5 percent to $28.09 billion.

The month-on-month trade deficit rose 13.5 percent from January's $6.17 billion. Turkey's trade deficit shrank 56.8 percent year-on-year in January, with exports rising 3.64 percent to $20.03 billion, and imports down 22 percent to $26.20 billion.

Source (CNBC Arabia Website, Edited)

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