January 3, 2020 / 8:39 AM / in 2 months

Turkish trade deficit narrows to $31.13 bln in 2019 - trade ministry

ANKARA, Jan 3 (Reuters) - Turkey’s annual trade deficit almost halved in 2019, decreasing 43.54% to $31.13 billion according to the special trade system, data from the trade ministry showed on Friday.

Imports fell 9.12% to $212.7 billion in 2019, while exports rose by 2.18% to $171.58 billion according to the special trade system, the minstry’s data showed.

The data was released during Trade Minister Ruhsar Pekcan’s annual evaluation speech and showed that imports rose 14.77% to $19.02 billion in December, while exports also rose 6.39% to $14.7 billion according to the special trade system. (Reporting by Nevzat Devranoglu; Writing by Tuvan Gumrukcu)

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