Turkey’s foreign trade gap was down 7.5% to USD 133m in 2021 — compared to the previous year, according to official figures released on Monday.
The country’s exports rose to USD 225.3bn in 2021 with an increase of 32.8%, while its imports increased by 23.6% to USD 271.4bn, TurkStat said.
In December, the share of intermediate goods, capital goods and consumption goods in total imports was 79.3%,13.1%, 7.4%, respectively.
Excluding the energy and gold trade, Turkey’s exports and imports rose by 22.2% and 23.2% — USD 20.9bn and USD 21.6bn, respectively.
The foreign trade deficit — excluding energy products and non-monetary gold — was USD 671m in December, TurkStat said.