Turkey’s foreign trade gap regresses to $5.5 bln in June: Ministry
While Turkey’s exports were nearly $13 billion in June with a 1.2 percent decline compared to the same month of 2017, its imports stood at $18.5 billion with a 3.6 percent year-on-year decline, according to the ministry data, as reported by Reuters on July 2.
In June, Turkey’s main export item was composed of motorized vehicles worth $2.1 billion, followed by machineries worth $1.2 billion and iron and steel products worth $880 million.
In the same month, Turkey’s top import item was composed of mineral fuels worth $3.5 billion, followed by machineries worth $2.2 billion and iron and steel products worth $1.6 billion.
In June, the largest amount of exports was made to Germany with $1.3 billion, followed by the United Kingdom with $891 million and Italy with $817 million.
In the first half of the year, motorized vehicle exports again topped the export list with $13.8 billion.