• İstanbul 14 °C
  • Ankara 10 °C

2nd wave of coronavirus cuts Turkey's exports in Nov.

2nd wave of coronavirus cuts Turkey's exports in Nov.
Turkish exports down 0.95% year-on-year to $16.1B in November, imports up 16% to $21.2B, says preliminary Trade Ministry data

By Tuba Sahin

ANKARA (AA) - Turkey's exports were down slightly on an annual basis in November due to the second wave of the COVID-19 pandemic, the EU’s economic contraction, and calendar effects, according to preliminary data Turkey’s Trade Ministry released Wednesday.

Turkish exports hit $16.1 billion last month, a fall of 0.95% year-on-year, the data showed.

The country's imports surged 16.1% to $21.2 billion during the same period, bringing the foreign trade gap to $5.1 billion.

The exports/imports coverage ratio was at 76% in November, down from 89.1% in the same month last year.

source: News Feed
This news is a total 108 time has been read
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
This news yet comment has been added .
Other News
All Rights Reserved © May 2014 US Muslims | Unauthorized and the resources published.
Haber Scripti: CM Bilişim