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foreign trade deficit, according to TurkStat published data, rose to $ 40740000000 increase, 31.6 percent in the six-month period
According to provisional foreign trade data by the Ministry of Commerce, in cooperation with Turkey Institute of Statistics. exports decreased by 1.3% to $ 12 954 million and imports by 3.8% to $ 451 million in June 2018.
The foreign trade deficit decreased by 9.1% in June billion $ 497 million. The coverage rate of imports by imports increased from 68.5% in June 2017 to 70.2% in June 2018.
According to the seasonal and calendar series, In June 2018, exports and imports were decreased by 2.1% and 5.5% respectively. According to the series adjusted for the season, In June 2018, exports decreased by 0.8% and imports by 3.3% compared to the same month of the previous year
The trade deficit increased by 32% in first half
Exports rose 6.3% to $ 82.22 billion while imports rose 6.3% to $ 82.22 billion.
Exports to the European Union increased by 6.4%
Exports to the European Union (EU-28) increased by 31.6% compared to the same month of 2017 increased 6.4% to 6 billion $ 630 million. The EU's share of exports was 47.5% in June 2017 and 51.2% in June 2018.
The largest exporting country to Germany
Exports to Germany rose to 1 billion 308 million dollars in June 2018, followed by the United States with 882 million dollars, followed by Italy with 815 million and the United States with 627 million dollars
China's first imports were imported
China's imports totaled 1 billion 838 million it was. This country was followed by Russia with 1 billion 794 million dollars respectively, Germany with 1 billion 793 million dollars and the United States with 1 billion 149 million dollars.
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