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July Export Figures Created a Shock Effect

Trade Minister Mus announced that exports were $18.6 billion and imports were $29.1 billion in July. Minister Mus said, “This is the highest export figure in July.”
Foreign trade figures for July have been announced.

According to the data of the Ministry of Commerce, in July, exports increased by 13.4 percent compared to the same month of the previous year and reached 18.6 billion dollars, while imports increased by 40.8 percent to 29.1 billion dollars.

In the January-July period, exports increased by 19.1 percent to 144 billion 417 million dollars, while imports increased by 40.7 percent to 206 billion 399 million dollars.

RECORD ON A MONTHLY BASIS

Trade Minister Mus stated that exports were at an all-time high on a monthly basis in July.

TOP THREE COUNTRIES IN EXPORT

The countries with the highest exports in July were Germany, with an increase of 3 percent and 1 billion 487 million dollars, with an increase of 24.8 percent and 1 billion 318 million dollars.
USA with a million dollars and England with an increase of 3.6 percent and 1 billion 17 million dollars.

MOST EXPORT FROM RUSSIA

The country with the highest imports in July was Russia. Imports from this country increased by 78.1% and reached 4 billion 369 million dollars. It was followed by China with a 43.2 percent increase and 3 billion 805 million dollars, and Germany with a 9.3 percent increase and 1 billion 781 million dollars.

Ece Nagihan

Hello, I'm Ece, I write content for Expat Guide Turkey every day. Don't forget to check!

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