Foreign trade deficit down 34.7 pct in September

Foreign trade deficit down 34.7 pct in September

ISTANBUL - Hürriyet Daily News
Foreign trade deficit down 34.7 pct in September

Hürriyet photo

Turkey’s foreign trade deficit decreased by 34.7 percent year-on-year in September 2012, official statistics agency, the Turkish Statistical Institute (TÜİK) said.

Exports increased by 21 percent, reaching $13 billion while imports were down by 6.4 percent to $19.8 billion compared with September 2011. The foreign trade deficit decreased from $10.4 billion to $6.8 billion.

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