Turkish Trade Deficit Increased to About $ 50 Billion in 2020

According to data from the Turkish Ministry of Trade, Tuesday, Turkey’s trade deficit increased by more than 69% to about $ 50 billion last year, according to the general trade system.

Ministry data showed that imports increased by more than 4% to more than $ 21 billion in 2020, while exports declined to more than $ 169 billion.

In December, imports rose about 12% to more than $ 22 billion, while exports increased by 15.97, about 16%, to more than $ 17 billion.