ECONOMY

Türkiye’s exports amount to $19.3B in April

ANKARA

Türkiye’s exports in April rose slightly by 0.13% year-on-year to $19.3 billion, the trade minister said on Friday, citing preliminary data.

“This limited increase was due to the fact that the factories were closed during a week-long Eid al-Fitr holiday,” Omer Bolat said.

Turkish imports rose 4.2% from last year to $29.2 billion in April, he stressed.

As a result, the country’s trade balance posted a deficit of $9.9 billion last month, surging 13.3% year-on-year.

In January-April, Türkiye’s overseas shipments rose 2.7% from the prior year to $82.9 billion, Bolat underlined.

Its imports dropped 8.9% annually to $113.1 billion in the four-month period.

Türkiye’s trade gap narrowed by 30.5% to $30.2 in the same period.

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