Turkey’s Trade Deficit Increased by 10.7% in February

Trade Ministry data showed that Turkey’s trade deficit amounted to $3.36 billion in February, an increase of 10.7% over the previous year, while exports jumped 9.6%, hitting a record high on a monthly basis.

Exports increased to $16.012 billion last month, while imports increased 9.8% to $19.37 billion, according to data also announced by Trade Minister Rohsar Bakjan in a press conference.