2019.11.2910:32:00UTC+00Turkey Trade Deficit Widens In October

Turkey's trade deficit widened significantly in October, as exports decreased and imports surged, data from the Turkish Statistical Institute showed on Friday.

The trade deficit rose to US$1.808 billion in October from US$497 million in the same month last year.

Exports fell 0.1 percent annually in October, while imports rose 8.0 percent.

On a seasonally and calendar adjusted basis, exports decreased 0.5 percent, while imports rose by 3.6 percent from the previous month.

On a calendar adjusted basis, exports remained unchanged and imports grew by 9.5 percent from a year ago.