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UPDATE – Turkey’s exports hit highest-ever monthly figure in May

According to the general trade system, Ruhsar Pekcan said the country's exports last month jumped 11.46% year-on-year. In the same month, Turkey's im

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According to the general trade system, Ruhsar Pekcan said the country’s exports last month jumped 11.46% 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 balance […] 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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