Turkey's Q1 exports reached a record $22.578bn, with March exports at $22.578m; foreign trade deficit was $7.72bn in March.
Turkey's exports hit a record high of $22.578bn in Q1, with March exports reaching $22.578m, according to Trade Minister Omer Bolat. Turkey's imports equaled $30.95bn in March, resulting in a foreign trade deficit of $7.72bn. Despite a 4.1% year-on-year drop in exports in March, and a 5.7% decline in imports, the foreign trade gap narrowed, with exports rising 3.6% in Q1 compared to the same period last year.
April 04, 2024
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