Turkey sees 16% decline in foreign trade balance

Baku. 30 November. REPORT.AZ/ In October 2018, Turkey’s export operations rose by 13% to $15.719 billion, import operations dropped by 23.8% to $16.176 billion, Report informs citing the Turkish Statistical Institute.

Consequently, the deficit in foreign trade balance made up $456 million during a month, down 93.8% from the previous year.

Export operations in January-October rose by 7.6% to $138.7 billion, import operations by 0.1% to $190.327 billion. In the reporting period, the deficit in the foreign trade amounted to AZN 51.627 billion, down 15.7% from a year earlier.