Turkey's foreign trade deficit decreased in July from a year ago as exports grew faster than imports, the Turkish Statistical Institute reported Thursday.
The trade deficit narrowed to $6.44 billion in July from $7.31 billion in the same month last year. The shortfall totaled $8.21 billion in June.
Excluding energy products and non-monetary gold, the foreign trade shortfall was $2.18 billion.
Exports registered an annual increase of 11.0 percent, and imports rose by 5.4 percent.
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