7/6/2021

Turkey Records All-time High Exports in the History of the Republic

​​Turkey's Trade Minister Mehmet Muş stated on July 2 that the country posted record exports in both June and the first half of the year.

While Turkish exports soared to USD 19.8 billion in June, up 47 percent over the same month last year, exports from January to June came in USD 105 billion, up 40 percent.

“These figures are the highest export figures on record since Turkey proclaimed itself a republic, both on a monthly, quarterly and semi-annual basis," Minister Muş asserted.

Minister Muş also said that Turkey recorded the "highest ever export value in the rolling 12 months", netting 199 billion 567 million dollars. "Our foreign trade deficit narrowed 11.4 percent from the same period of last year, reaching USD 21.2 billion," Minister Muş added.

The exports/imports coverage ratio grew by 7.3 percentage points to 83.2 percent from January to June.

The number of exporting businesses also climbed in this period, up 12 percent.​​

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Trade Minister Mehmet Muş; trade; record