Exports expected to rise by over $4 billion in June, says trade minister
TEKİRDAĞ
Türkiye expects a significant increase in exports in June, Trade Minister Ömer Bolat said, forecasting an additional $4 billion to $5 billion in export revenue for the month.
“With this, we will complete the first half of the year positively in terms of foreign trade balances,” Bolat said, speaking in the western province of Tekirdağ.The minister said Türkiye continues to show a positive performance in exports despite the slowdown in the global economy. He noted that exports rose 22.5 percent in April and said the momentum continued in May, despite fewer working days due to the Eid al-Adha holiday.
“There will be a larger contraction in imports. Our foreign trade deficit will also decrease,” he added.
