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Türkiye's exports down, imports up in September

Türkiye Statistical Institute and the Ministry of Trade announced the provisional foreign trade data for September. Accordingly, while exports decreased in the first nine months of the year, imports increased.

Türkiye's exports down, imports up in September

The foreign trade deficit increased by 4.9 percent in the same period, from 83 billion 142 million dollars to 87 billion 228 million dollars.

Exports within the scope of the General Trade System (GTS) decreased by 0.5 percent in September compared to the same month last year and amounted to 22 billion 490 million dollars, while imports decreased by 14.6 percent to 27 billion 501 million dollars.

The foreign trade deficit decreased by 47.8 percent in September compared to the same month last year, from 9 billion 607 million dollars to 5 billion 12 million dollars.

The ratio of exports to imports increased from 70.2 percent in September 2022 to 81.8 percent last month.

Foreign trade deficit 87 billion dollars

In the January-September period, compared to the same period last year, exports decreased by 0.5 percent to 187 billion 204 million dollars, while imports increased by 1.2 percent to 274 billion 432 million dollars.

Foreign trade deficit increased by 4.9 percent in the January-September period, from 83 billion 142 million dollars to 87 billion 228 million dollars.

The ratio of exports to imports decreased from 69.3 percent in January-September 2022 to 68.2 percent in the same period of this year.

Foreign trade deficit excluding energy and gold was 19 million dollars in September

Exports excluding energy products and non-monetary gold decreased by 2.3 percent in September, from 20 billion 746 million dollars to 20 billion 260 million dollars. In September, imports excluding energy products and non-monetary gold fell by 1.5 percent from 20 billion 598 million dollars to 20 billion 280 million dollars.

Foreign trade deficit excluding energy products and non-monetary gold was realized as 19 million dollars in September. Foreign trade volume decreased by 1.9 percent to 40 billion 540 million dollars. In the said month, the ratio of exports to imports excluding energy and gold was 99.9 percent.

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