TUIK: Turkey's steel export value up 5.6 percent in Jan-Apr

Friday, 31 May 2019 16:28:02 (GMT+3)   |   Istanbul
       

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in April this year Turkey's foreign trade deficit decreased by 55.6 percent to $3 billion compared to April 2018. In the first four months of the year, Turkey's foreign trade deficit fell by 64.4 percent year on year to $9.77 billion.

In April, Turkey's iron and steel exports ranked third among the country's products with the highest export value, totaling $895.1 million, increasing by 9.9 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 7.6 percent year on year, amounting to $568.5 million.

In the first four months of the year, Turkey's iron and steel export value increased by 5.6 percent to $3.7 billion, while the value of its exports of articles of iron or steel rose by 2.1 percent to $2.12 billion, both year on year.


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