Turkey's foreign trade deficit in September dropped 77 percent year-on-year, according to preliminary Trade Ministry data announced Monday.
At a meeting in the capital Ankara, Trade Minister Ruhsar Pekcan said Turkish exports increased 22.6 percent to $14.5 billion in September.
She noted that 12-month rolling export volume also reached to a new peak of $165.1 billion.
"Hopefully, we will hit our export volume target for this year, which we upgraded to $170 billion," Pekcan said.
The foreign trade volume dropped to $30.8 billion during the month, falling 3 percent.
Imports decreased 18.1 percent in September, bringing the export-import coverage ratio to a nine-year high of 88.4 percent, she added.
In August, Turkey's foreign trade deficit saw an annual fall of 59 percent.
Turkey has seen a steady increase in exports every month this year except June and August. In addition, a $15 billion-barrage in exports was exceeded for the first time on a monthly basis in March.
