Foreign trade deficit increased to 8.8 billion dollars in November

According to data from the Turkish Statistical Institute (TUIK), the foreign trade deficit increased by 60.7 percent in November compared to the same month of the previous year, going from 5,447 million dollars to 8,756 million dollars.

While the export-import ratio was 79.8% in November 2021, it decreased to 71.4% in November 2022.

In the January-November period, the foreign trade deficit increased 153.4 percent, going from 39 thousand 380 million dollars to 99 thousand 805 million dollars. While the export to import ratio was 83.8 percent in the January-November 2021 period, it decreased to 69.9 percent in the same period in 2022.

EXPORTS INCREASE 2.1 PERCENT, IMPORTS INCREASE 14 PERCENT

According to temporary foreign trade data produced under the general trading system in cooperation with the Turkish Statistical Institute and the Ministry of Commerce, exports increased by 2.1% in November 2022 compared to the same month last year. previous year and reached 21%. 1.9 billion dollars, while imports increased 14.0 percent to 30,656. amounted to millions of dollars.

According to the general trade system, in the period January-November 2022, exports increased 13.9 percent compared to the same period of the previous year and reached 231 thousand 295 million dollars, while imports increased 36, 6 percent to $331.1 billion. .