TUIK: Turkey's steel export value up 37.5 percent in January-September

Wednesday, 31 October 2018 17:28:17 (GMT+3)   |   Istanbul
       

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in September this year Turkey's foreign trade deficit decreased by 77.1 percent to $1.87 billion compared to September 2017. In the January-September period of this year, Turkey's foreign trade deficit fell by 5.2 percent year on year to $51.11 billion.

In September, Turkey's iron and steel exports ranked third among the country's products with the highest export value, totaling $1.06 billion, increasing by 104 percent year on year. Meanwhile, in the given month the value of exports of articles of iron or steel, which ranked seventh among the products with the highest export value, increased by 33.6 percent year on year, amounting to $599.297 million.

In the January-September period of this year, Turkey's iron and steel export value increased by 37.5 percent to $8.1 billion, while the value of its exports of articles of iron or steel rose by 17.4 percent to $4.75 billion, both year on year.


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