TUIK: Turkey's steel export value down 0.1 percent in January-July

Thursday, 29 August 2019 16:52:59 (GMT+3)   |   Istanbul

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in July this year Turkey's foreign trade deficit decreased by 46.9 percent to $3.19 billion compared to July 2018. In the first seven months of the current year, Turkey's foreign trade deficit fell by 61.4 percent year on year to $18.07 billion.

In July, Turkey's iron and steel exports ranked third among the country's products with the highest export value, totaling $866.06 million, decreasing by 9.3 percent year on year. Meanwhile, in the given month the value of exports of articles of iron or steel, which ranked ninth among the products with the highest export value, increased by 4.3 percent year on year, amounting to $573.54 million.

In the first seven months of the year, Turkey's iron and steel export value decreased by 0.1 percent to $6.2 billion, while the value of its exports of articles of iron or steel increased by 0.3 percent to $3.68 billion, both year on year.

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