The country’s exports increased by 42.2% to USD 18.9bn, while imports rose by 25.6% to USD 23.6bn in March, compared to the same month of the previous year, according to the preliminary data prepared with collaboration of the Ministry of Trade and the Turkish Statistical Institute (TurkStat).
The country’s exports increased by 17.2% to USD 49.9m and imports rose by 9.6% to USD 61.2m in January-March period, according to the general trade system.
Exports excluding energy products and non-monetary gold increased by 41.6% from USD 12.6bn to USD 17.9bn in March. Imports excluding energy products and non-monetary gold rose by 36.7% from USD 14.3bn to USD 19.6bn in this period.
Meanwhile, foreign trade deficit excluding energy products and non-monetary gold amounted to USD 1.6bn in March. Foreign trade volume increased by 39% to USD 37.6bn, while foreign trade coverage ratio excluding energy products and non-monetary gold totaled 91.6% in this period.
