The foreign trade deficit fell by 0.2% in June

Temporary foreign trade data for June, which was created in cooperation with the Turkish Statistical Institute (TUIK) and the Ministry of Commerce, was announced.

Thus, under the General Trade System (GTS), exports increased by 46.9% compared to the same month of the previous year and reached 19 billion 775 million dollars, while imports increased by 38.7% to 22 billion 628 million dollars.

The foreign trade deficit narrowed by 0.2% in June compared to the same month a year earlier and fell to $ 2.853 million. While the export / import ratio was 82.5% in June 2020, it rose to 87.4% in June 2021.

In the January-June period, exports increased by 39.8% compared to the same period of the previous year and reached 104 billion 945 million dollars, while imports increased by 27.4% to 126 billion 111 million dollars.

The foreign trade deficit narrowed by 11.4% during the period January-June and fell to 21 billion 166 million dollars. While the ratio of exports to imports was 75.9% during the period January-June 2020, it rose to 83.2% during the same period of this year.

FOREIGN TRADE EXCLUDING ENERGY AND GOLD

Exports excluding energy and gold products increased 48% and imports 48.9% in June.

Exports, excluding energy products and non-monetary gold, rose from $ 12 billion 792 million in June to $ 18 billion 932 million.

In June, imports excluding energy and non-monetary gold increased from $ 12 billion 536 million to $ 18 billion 663 million.

The foreign trade surplus, excluding energy products and non-monetary gold, stood at $ 270 million last month.

The volume of foreign trade increased by 48.4% and reached 37 billion 595 million dollars. During that month, the ratio of exports to imports excluding energy and gold was recorded at 101.4%.

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