Turkish exports up in May

turkish exporters assembly

turkish exporters assembly

Data released has shown that Turkish exports were up 7.3 percent in May compared with the same period last year to reach 11.8 billion USD in total.

Figures released by the Turkish Exporters Assembly (TIM) show that in the first five months of 2012, Turkey has exported a total of 59.8 billion USD worth of goods to foreign buyers and countries, resulting in a total percentage increase of 10.3 percent over the same period last year.

The last 12 months in total has seen Turkish exports reach figures amounting to 140 billion USD – a record high for Turkey. Turkey has high hopes for this year to reach year round exports of 150 billion USD as Turkey looks to balance the economic growth and Current Account Deficit problems with a plan to stabilise growth into a manageable size in the near future.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: