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Economy And The Numbers

Turkey Trade Gap Widens In June

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Turkey's foreign trade deficit rose in June from a year ago as imports grew faster than exports, the Turkish Statistical Institute reported Thursday.

The trade deficit increased to $8.17 billion in June from $5.89 billion in the same month last year. The shortfall totaled $6.65 billion in May.

Excluding energy products and non-monetary gold, the foreign trade shortfall was $3.59 billion.

Exports registered an annual increase of 7.9 percent, and imports surged by 15.2 percent.

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