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Trade Minister: Turkey’s exports hit record high

Turkey's exports hit highest-ever monthly figure with $16.8 billion in May this year, the country's trade minister announced Monday. THE RISE IN EXPOR

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Turkey’s exports hit highest-ever monthly figure with $16.8 billion in May this year, the country’s trade minister announced Monday. THE RISE IN EXPORTS According to the general trade system, Ruhsar Pekcan said the country’s exports last month jumped 11.46 percent year-on-year. In the same month, Turkey’s imports amounted to $18.5 billion with an annual decline of 19.85 percent. “Turkey’s foreign trade […] are used  the special trade system and the general trade system. Calculations based on the special trade system do not include free zones and customs warehouses. The general trade system is a wider concept, including customs warehouses, all types of free zones, free circulation area and premises for inward processing. Through the end of every month, Turkey’s statistical authority released the […]

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