Türkiye's annualized exports in April hit highest level in history, trade minister says
Türkiye's annualized exports in April hit highest level in history, trade minister says
12-month annualized exports reach $265B, while monthly exports rise to $20.9B, second-highest April figure
Annualized goods exports of Türkiye hit an all-time high of $265 billion in April, Türkiye's Trade Minister Omer Bolat said on Friday.
The 12-month annualized exports climbed 2.7% or $7.1 billion on a yearly basis.
Imports in the last 12 months rose 0.2% to $351.6 billion, resulting in an annualized trade deficit of $86.6 billion, down 6.8% or $6.4 billion from the previous period.
Meanwhile, April's exports rose 8.5% year-on-year to $20.9 billion, the second-highest April export figure in history.
Imports in the month also increased by 12.9%, reaching $33 billion.
The goods foreign trade balance in April posted a deficit of $12 billion, up 21.7% year-on-year.
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