Türkiye’s exports in July totaled $20.09 billion (Tl 542.02 billion), up 8.4% on a yearly foundation, the Turkish commerce minister introduced on Thursday.
This January-July, the nation’s exports totaled $143.4 billion, a slight annual decline, Ömer Bolat stated.
During the final 12-month interval, exports rose 2.1% to $253.38 billion, he added.
“This was achieved despite the stagnation in global production, especially our largest export market, the EU, the weakening production and trade volume in the world economy, as well as the significant decline in world trade prices and commodity prices,” he underlined.
The share of medium-high and excessive expertise within the nation’s general exports rose from 36.9% in 2022 to 40.8% within the first seven months of this yr, Bolat stated.
In July, Türkiye’s imports rose 11.1% to $32.47 billion, whereas within the first seven-month interval they totaled $217.5 billion, up 5.1% on a yearly foundation, Bolat stated.
The nation’s power imports dropped 26% to $41.1 billion within the seven-month interval, he added.
Source: www.dailysabah.com