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Turkey's exports rose 6.1% on annual basis to $14.8B in January, says head of Turkish Exporters' Assembly
Turkish exports posted a year-on-year rise in January, the head of Turkish Exporters' Assembly said Monday.
The country's exports boosted 6.1% on an annual basis to $14.8 billion last month, Ismail Gulle told at a press meeting held in southern Hatay province.
Imports also surged nearly 19% to hit $19.2 billion during the same period, he added.
"Thus, the exports-to-imports coverage ratio reached 76.8% in January," Gulle stressed.
Germany ($1.5 billion), Italy ($889 million) and the U.K. ($870 million) were the main recipients of Turkish exports in the month.
The country's exports to the EU hit $7.4 billion in January, bringing the bloc's share in Turkey's total exports to 50%, thanks to the recovery in the EU, Gulle said.
#Exports
#Imports
#Ismail Gulle
#Turkish Exporters' Assembly
