Turkey’s foreign trade deficit decreases
Azerbaijan, Baku, April 30 / Trend, A.Taghiyeva /
Turkey's exports increased by 12.2 per cent in March 2012 compared to the same period of 2011 amounting to $13.251 billion, the Turkish Statistics Institute's website reported on Monday.
Imports into Turkey during the reporting period decreased by 4.8 per cent and amounted to $20.597 billion. The foreign trade deficit decreased from $9.832 billion to $7.346 billion.
Most exports accounted to Germany - $1.278 billion, or 3.4 per cent more than the figure for March 2011. That country is followed by Iraq - $931 million, Iran - $704 million, UK - $701 million and Italy - $620 million.
The greatest volume of imports into Turkey accounted to Russia - $2.037 billion, which is 13 per cent more than in March 2011, Germany- $2.015 billion and China - $1.727 billion.
Turkey's exports to the EU countries during the period decreased by 3.3 per cent, reaching $5.513 billion compared to the same month of 2011.