Turkey's exports in July fell 27.2 percent year-on-year to 8.8 billion U.S. dollars, the semi- official Anatolia news agency reported Saturday, Xinhua reported.
Exports increased by 9.6 percent in July compared with June, showing Turkey would be able to reach the 104-billion-U.S. dollar export target for 2009, the agency cited a statement by Turkish State Minister Zafer Caglayan as saying.
Quoting Turkish Exporters' Assembly (TIM) chairman Mehmet Buyukeksi, the agency said July's export volume was the highest monthly figure so far in 2009 and exports to Africa and the Middle East countries saw increases and would continue to grow.
Turkey has seen exports tumble as the global financial crisis sapped demand. Its economy shrank a painful 13.8 percent in the first quarter, the largest slump since 1945.