Foreign trade in Turkish lira reaches 822 billion liras in 2023

foreign trade deficit

Ministry of Trade data drew attention to the increase in trade with the Turkish lira.

While exports in Turkish lira amounted to 14 billion 587 million liras and imports 30 billion 738 million liras in January last year, foreign trade volume increased to 45 billion 325 million liras.

In this category, exports decreased to 13 billion 760 million liras in February 2023, when the Kahramanmaraş-based earthquakes took place, while imports were 40 billion 364 million liras. Foreign trade volume was calculated as 54 billion 124 million liras in the said month.

In March 2023, exports reached 17 billion 882 million liras, imports 45 billion 754 million liras and foreign trade volume 63 billion 636 million liras.

In April last year, exports in Turkish lira reached 14 billion 298 million liras, imports 43 billion 123 million liras, and foreign trade volume 57 billion 421 million liras.

In May 2023, exports in this category amounted to 16 billion 218 million liras, imports 49 billion 481 million liras and trade volume 65 billion 699 million liras.

The volume of foreign trade in Turkish lira caught an upward trend in the second half of the year.

In June last year, exports reached 16 billion 532 million liras and imports 45 billion 487 million liras. Foreign trade volume was calculated as 62 billion 19 million liras in the said month.

In July 2023, exports amounted to 16 billion 388 million liras, imports 54 billion 592 million liras, while foreign trade volume was recorded as 70 billion 981 million liras.

Exports in Turkish lira were 20 billion 656 million liras and imports were 52 billion 72 million liras in August last year. Foreign trade volume was determined as 72 billion 728 million liras in this period.

While exports were 20 billion 33 million liras in September 2023, imports were calculated as 54 billion 501 million liras. In this period, foreign trade volume was determined as 74 billion 535 million liras.

In October, exports in Turkish lira amounted to 25 billion 311 million liras. In this month, imports were 62 billion 659 million liras and foreign trade volume was 87 billion 970 million liras. These amounts drew attention as the highest values during the year.

Exports in Turkish lira were 24 billion 524 million liras in November 2023, while imports were 61 billion 661 million liras and foreign trade volume was calculated as 86 billion 186 million liras.

In December last year, exports in Turkish lira were determined as 23 billion 865 million liras. In this period, imports were recorded as 57 billion 81 million liras and foreign trade volume as 80 billion 946 million liras.

In the whole of last year, exports in Turkish lira increased by 73.6 percent compared to the previous year and reached 224 billion 56 million liras. Imports reached 597 billion 513 million liras in this period. Foreign trade volume in Turkish lira reached 821 billion 569 million liras, doubling from 398 billion 371 million liras the previous year.

Source: Dunya

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