Turkey's exports down 7.5%, imports up 0.2% in Nov

ISTANBUL (Turkey), December 31 (SeeNews) – Turkey's total exports in November accounted for $13.13 billion (10.80 billion euro), representing a 7.5% decrease on November 2013, and imports were $21.44 billion, representing a 0.2% increase, the country's statistical institute said on Wednesday.

In the same month, the foreign trade deficit increased by 15.3% from $7.21 billion to $8.31 billion.

Seasonally and calendar adjusted exports decreased by 3.3% while imports increased by 10% compared to the previous month.

As compared with the same month of the previous year, exports to the European Union's 28 countries decreased by 8.3% from $6.26 billion to $5.74 billion.