ANKARA - According to the Foreign Trade Statistics announced by the TurkStat, Turkey’s exports increased by 15.7 percent and imports increased by 8.3 percent in June.

 

The Turkish Statistical Institute (TurkStat) released the "Foreign Trade Statistics" for June 2020 today (July 29).

 

According to the provisional data jointly produced by the TurkStat in cooperation with the Ministry of Trade, in June 2020, exports were 13 billion 462 million dollars with a 15.7 percent increase and imports were 16 billion 308 million dollars with a 8.3 percent increase compared with June 2019.

 

In January-June 2020 period, exports were 75 billion 21 million dollars with 15.1 percent decrease and imports were 98 billion 895 million dollars with 3.2 percent decrease compared with January-June 2019.

 

FOREIGN TRADE DEPICIT DPOPPED IN JUNE

 

In June 2020, Turkey's foreign trade deficit was 2 billion 846 million dollars with a 17.0 percent decrease compared with June 2019. Exports coverage imports was 82.6 percent while it was 77.2 percent in June 2019.

 

FOREIGN TRADE DEPICIT INCREASED IN JANUARY- JUNE

 

According to the TurkStat, in January-June 2020 period, foreign trade deficit was 23 billion 874 million dollars with a 73.2 percent increase compared with January-June 2019. In the same period, exports coverage imports was 75.9 percent while it was 86.5 percent in January-June 2019.