2020.02.2807:27:00UTC+00Turkey Trade Deficit Widens In January

Turkey's trade deficit increased in January, driven by higher imports and exports, data from the Turkish Statistical Institute showed on Friday.

The trade deficit widened to $4.448 billion in January from $2.29 billion in the last year. In December, the trade deficit was $4.6 billion.

Calendar adjusted exports and imports rose by 6.4 percent and 18.9 percent, respectively, from a year ago.

On a seasonally and calendar adjusted basis, exports and imports increased by 4.7 percent and 4.5 percent, respectively, from the preceding month.