Turkey's export growth begins to increase

Turkey’s export growth begins to increase

Turkey's export growth again gained momentum in August due to the rising agricultural sector exports. Data released by Turkish Exporters Assembly (TIM) show that Turkey's exports rose 16.7 percent year on year to $5.53 billion in August. Exports totaled $46.7 billion for the first eight months of the year, up 17 percent year on year. Exports over the past 12 months rose 22.3 percent to $70.8 billion. Industrial sector exports, which accounts for more than 86 percent of the Turkey's exports, rose 21.4 percent to $4.1 billion last month.