Double record in exports in October

Minister Bolat stated that records were renewed on both a monthly and annual basis and the brightest export data in the 103-year history of the Republic was achieved.

According to the announced data, exports increased by a net 1 billion 935 million dollars to 25.9 billion dollars in October. With this performance, both the highest October export in the 103-year history of the Republic and the 3rd highest monthly export of all time were realized.

The increasing momentum in exports was reflected in the whole year. In the January-October period, Türkiye's exports increased by 5.5 percent compared to the same period last year, reaching 236 billion 837 million dollars and breaking a new record.

As of October, annualized goods exports reached the peak in the history of the Republic with 285.6 billion dollars, an increase of 15.6 billion dollars compared to the same period of the previous year.

At the meeting, Minister Bolat touched upon extensive data including service exports and heralded that the year-end targets were achieved. Emphasizing that the total annual exports of goods and services reached 413 billion dollars as of October, Bolat said, "Thus, we see that we have reached and exceeded our year-end target of 410 billion dollars as of October." made his assessment.

Source: TRT Haber Ekonomi RSS (Open Press / Translated Full Text)