Turkish exports increased 4.8 percent on an annual basis in September, according to the nation’s statistical authority on Friday.
IMPORTS AMOUNTED TO $20.8 BILLION LAST MONTH
The figure hit $16 billion, the Turkish Statistical Institute (TurkStat) said in a statement on Friday.
Turkey’s imports amounted to $20.8 billion last month, a year-on-year rise of 23%.
As imports increased at faster pace than exports, the country’s foreign trade deficit was up at $4.8 billion during the same period.
According to preliminary data from the Trade Ministry on Oct. 2, Turkey saw an all-time high September export figure this year with $16.13 billion.