Turkey's foreign trade deficit decreases by over third
Azerbaijan, Baku, Oct. 31 / Trend A. Taghiyeva /
Turkey's foreign trade deficit decreased by 34.7 percent and hit $ 10.4 billion in September 2012 compared to the same month of 2011, the Turkish Statistics Institute said today.
Turkey's exports rose by 21 percent and hit $13.13 billion in September 2012 compared to the same month of 2011. The import to Turkey decreased by 6.4 percent to $19.8 billion during a year.
Imports from the EU countries to Turkey amounted to 39.2 percent of total import in September 2012 compared to 44.6 percent in September 2011. Turkey's exports to the EU countries during the period increased by 6.4 percent and hit $ 5.1 billion.
Turkey's largest export fell to UAE share in September. Turkey's exports to the UAE in September increased by 4.5 times and hit $ 1.1 billion.
The largest import to Turkey fell to Russia - $ 2.4 billion or 11.3 percent more than in the same month of 2011, Germany - $ 1.8 billion and China - $ 1.4 billion.