Turkish trade with EU member nations drops

Turkish trade with EU member nations drops

BRUSSELS - Anatolia News Agency
Turkey’s trade with the European Union shrank in the first half of 2012, according to data regarding international trade in goods released Sept. 17 by Eurostat, the statistical office of the EU.

Turkish trade with the EU in the first half of the year amounted to 24 billion euros, a decrease of 3 percent as compared with the first half of 2011. Imports from the EU also decreased 2 percent to 37 billion euros during the same period. Turkey’s overall trade volume was 61 billion euros. In light of the newly released figures, Turkey became the EU’s fifth-largest market and sixth-largest trade partner.