Türkiye's foreign trade gap $12.1B in April

By Gokhan Ergocun

ISTANBUL (AA) - Türkiye ran a foreign trade deficit of $12.09 billion in April, up 22.3% year-on-year, the Turkish Statistical Institute (TurkStat) said on Thursday.

The country's exports totaled $20.8 billion, rising 7.8%, while imports amounted to $32.89 billion, up 12.7% year-on-year.

The export-import coverage ratio was at 63.2% last month.

Foreign trade deficit, excluding energy products and non-monetary gold, was $6.16 billion.

During the first four-month period, exports were $86.1 billion, up 3.7%, and imports $120.7 billion, up 6.6%.

The fourth-month foreign trade gap remained $34.58 billion, up 14.7%.