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Trkiye’s Foreign Trade Gap Narrows 31.1% in First 9 Months of Year.

Ankara: Trkiye’s foreign trade deficit narrowed 31.1% on a yearly basis to $60.43 billion this January-September, according to official new figures. The country’s exports totaled $191.75 billion in the nine-month period, up 2.6%, the Turkish Statistical Institute (TurkStat) said on Thursday.

According to Anadolu Agency, imports to Trkiye fell 8.1% on a yearly basis in the same period to $252.18 billion. The export-import ratio was at 76% this January-September, up from 68.1% in the same period last year.

On a monthly basis, exports were at $21.98 billion, down 1.9%, while imports totaled $27.11 billion, down 1.4%. The foreign trade deficit was at $5.13 billion in September alone.