Türkiye’s energy import bill up 17.9% in November

Türkiye’s energy import bill increased 17.9% to $7.77 billion in November compared to the same month of 2021, according to data released by the Turkish Statistical Institute on Friday.

The overall energy import bill soared last month due to increases in global energy prices and the effect of the exchange rate as well as a revival in economic activity post COVID-19.

The data shows that the overall import bill, including energy and other items, totaled $30.65 billion in November, with energy accounting for 25.3% of the overall import figures.

Crude oil imports showed a 11.6% decrease to 2.63 million tons of crude in November this year, compared to 2.98 million tons in November 2021.

• Türkiye's energy import bill increased