World Economy

Turkey Trade Deficit Up

Turkey Trade Deficit UpTurkey Trade Deficit Up

Turkey’s foreign trade deficit increased by 82.5% in July compared with July 2016, according to official data, Anadolu Agency reported. The provisional data, produced with the cooperation of the Turkish Statistical Institute and the ministry of customs and trade and made public on Aug. 29, showed Turkey’s exports were $12.64 billion last month with a 28.3% increase and imports were $21.49 billion  with a 46.2% increase compared with July 2016. In July, foreign trade deficit was $8.84 billion with an 82.5% increase compared with July 2016.

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