Turkey's exports in September decreased by 1.9 percent compared to the same month of the previous year, amounting to $21 billion 987 million, while imports decreased by 1.4 percent to $27 billion 116 million.
The foreign trade deficit increased by 0.7 percent in September compared to the same month of the previous year, rising to $5 billion 129 million.
The export-import coverage ratio decreased from 81.5 percent in September 2023 to 81.1 percent last month.
FOREIGN TRADE DEFICIT DECREASED BY 33.1 PERCENT IN JANUARY-SEPTEMBER PERIOD
In the January-September period, exports increased by 2.6 percent compared to the same period of the previous year, amounting to $191 billion 754 million, while imports decreased by 8.1 percent to $252 billion 183 million.
In the January-September period, the foreign trade deficit decreased by 33.1 percent from $87 billion 664 million to $60 billion 430 million.
The share of the manufacturing industry in Turkey's September exports was recorded as 94.5 percent, and the share of intermediate goods in imports was recorded as 67.7 percent.
In exports in September, the share of the manufacturing industry was 94.5 percent, the share of the agriculture, forestry and fisheries sector was 3.4 percent, and the share of the mining and quarrying sector was 1.6 percent.
According to the broad economic groups classification, the share of intermediate goods in imports in September was calculated as 67.7 percent, the share of capital goods was 16.1 percent, and the share of consumer goods was 15.6 percent.
In imports in the January-September period, the share of intermediate goods was 69.5 percent, the share of capital goods was 14.9 percent, and the share of consumer goods was 15.4 percent.