Volume of export of Turkey in July 2023 exceeded $ 20 billion

Turkish exports increased in July by 8.3 percent compared to the same month of last year and reached $ 20 billion, and imports increased by 10.5 percent to 32 billion $ 295 million.

These indicators are published by the Turkish Statistical Institute and the Ministry of Trade.

Foreign deficiency in July increased by 14.2 percent compared to the same month last year from 10 billion 702 million dollars to 12 billion 217 million dollars.

If in July 2022 the ratio of export to import was 63.4 percent, then last month it decreased to 62.2 percent.

In January-July, compared to the same period last year, export decreased by 0.7 percent to 143 billion $ 287 million, and imports increased by 5 percent to 216 billion 827 million dollars.

Foreign trade deficiency in January-July increased by 18.1 percent and reached 73 billion $ 539 million.

If in January-July of 2022 the ratio of export to import was 69.8 percent, then during the same period of this year it decreased to 66.1 percent.