Turkish exports stand at $10B in May

FMCG Turk

June 30, 2020

Turkish exports reached $61.6 billion in January-May, down 20% year-on-year amid the coronavirus pandemic, the country's statistical authority said

Imports also posted a decline of 5.2% to $82.6 billion, resulting foreign trade gap to double and hit $21 billion the first five months of this year.

Turkey's exports were nearly $10 billion in May, falling 41% from same month last year while imports also slipped 28% to $13.4 billion.