Türkiye's Exports Rise 2.3% to $24B in October, Reaching Record High

Türkiye's exports reached a record high of $24 billion in October, marking a 2.3% year-on-year increase, as announced by the Turkish trade minister on Tuesday.

In a news conference in Istanbul, Omer Bolat said the country achieved its highest October exports and set a new record with exports reaching $270.2 billion over the last 12 months, he explained, The Caspian Post reports citing Anadolu agency.

During the first 10 months of the year, the country's exports also amounted to $224.6 billion, rising 3.9% year-on-year.

The country's imports in October increased by 6.6% to $31.4 billion; thus, the foreign trade deficit was $7.4 billion last month.

In the January-October period, the foreign trade deficit was $74.4 billion.