Turkish exports rise 11.5 percent in July hitting highest level in 2020
August 4, 2020,

Turkish exports rise 11.5 percent in July hitting highest level in 2020

Turkey saw the highest monthly exports figure of this year with $15 billion in July, the country’s trade minister said on Tuesday.

The figure rose 11.5% month-on-month, hitting the second highest July figure of all times, Ruhsar Pekcan said in a statement.

She stated that exports fell 5.8% compared to the same month of last year, driven by high base effect, less working day and coronavirus pandemic.

The country's imports reached $17.8 billion in July, posting a 7.7% decrease from July 2019.

Pekcan said that the export/import coverage ratio climbed to 84.5% in July, up from 82.6% in the same month of last year.

Source / Anadolu Agency


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