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Turkey's Foreign Trade Deficit Falls As Gold Exports Rise
Turkey's foreign trade deficit fell by 35.9 percent to 4.77 billion dollars in April, after rising by 17.2 percent in March, with the support of gold exports stood at 1.75 billion dollars, according to the leading indicator issued by the Customs and Trade Ministry on Monday. Exports rose by 0.95 percent.
Turkey's foreign trade deficit fell by 35.9 percent to 4.77 billion dollars in April, after rising by 17.2 percent in March, with the support of gold exports stood at 1.75 billion dollars, according to the leading indicator issued by the Customs and Trade Ministry on Monday.
Exports rose by 0.95 percent to 13.34 billion dollars in April, aganist in the same month of 2014, while imports fell by 12.33 percent to 18.11 billion dollars, over the same period.
Turkey's exports fell by 9.8 percent to 11.82 billion dollars in April according to the Turkish Exporters Assembly (TEM) data released May 1, the Ministry reminded in the statement. "The rest of the exports reflect the part that does not under the TEM's approval, like gold and unpaid non-"a export" it added.
The highest exports realised at gold and precious stone article with 1.75 billion dollars, followed by automotive industry with 1.5 billion dollars. Oil and natural gas imports stood at 1.1 billion dollars in April, as the highest imports article. - Istanbul
