Turkey's exports hit $12.5 billion, up 1.6% on a yearly basis, while imports rose 1.5% year-on-year to $15 billion in August, the Turkish Statistical Institute announced Monday.
The exports-to-imports coverage ratio stood at 83.4% during the month.
Turkey's exports to its top trading partner Germany was $1.1 billion last month, followed by Britain at $1 billion, Iraq at $641 million and the U.S. $617 million.
In August, Russia was the number one source for Turkey's imports, amounting to $2 billion. China and Germany followed with $1.4 billion and $1.2 billion, respectively.
Manufacturing industry products dominated total exports with a share of 94.7%, followed by agriculture and forestry exports (2.7%) and mining and quarrying exports (1.9%).
The ratio of high technology products in manufacturing industry exports stood at 3.4% in August, while the shares of medium-high and low technology products were 35.9% and 32.7%, respectively.
Turkey's foreign trade balance ran a $2.5 billion deficit in August, TurkStat said.
The August figure was up 1.2% from the same month last year.
Please click to read our informative text prepared pursuant to the Law on the Protection of Personal Data No. 6698 and to get information about the cookies used on our website in accordance with the relevant legislation.
6698 sayılı Kişisel Verilerin Korunması Kanunu uyarınca hazırlanmış aydınlatma metnimizi okumak ve sitemizde ilgili mevzuata uygun olarak kullanılan çerezlerle ilgili bilgi almak için lütfen tıklayınız.
