Erdoğan says Turkey's exports hit record $254 billion in 2022
Turkey's exports rose 12.9% to $254.2 billion last year, the country's highest level ever, President Recep Tayyip Erdoğan has stated.
Reuters
Turkey's exports rose 12.9% to $254.2 billion last year, the country's highest level ever, President Recep Tayyip Erdoğan said on Jan. 2.
Speaking at an event, Erdoğan said exports to the European Union increased by 12% in 2022, while some 10,000 companies completed their first exports in the same period.
On the other hand, the Turkish trade deficit widened 138.4% from the previous year to $110.19 billion in 2022, the Trade Ministry said on Jan. 2, with exports rising 12.9% to $254.2 billion and imports jumping 34.3% to $364.4 billion.
In December, the trade deficit widened 52% from a year earlier to $10.381 billion, with exports up 3.1% to $22.92 billion and imports rising 14.6% to $33.30 billion.