Turkey´s foreign trade gap up by 18.7 pct in 2013

Photo: Turkey´s foreign trade gap up by 18.7 pct in 2013 / Turkey

Turkey ran a US$99.78 billion foreign trade deficit in 2013, up by 18.7 percent from the year earlier, the country's statistics authority said on Friday Anadolu Agency reported.

The export to import ratio, which was 64.5 percent in 2012, was 60.3 percent in 2013. Exports in 2013 were down 0.4 percent year-on-year, reaching $151.86 billion, while imports were up 6.4 percent year-on-year to $251.6 billion.

Exports in 2012 were $152.5 billion, while imports were $236.5 billion.

Turkey´s foreign trade deficit was $83.9 billion in 2012, down by 20.7 percent from 2011.

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