Turkey's foreign trade deficit doubled between January and May as exports fell by 20 percent. The monthly trade deficit also doubled in May, surpassing $3 billion.
Turkey's traditional Çubuk pickles saw a surge in both domestic and international demand curing the COVID-19 pandemic when probiotic foods became popular to counteract the illness' gastrointestinal symptoms, a local cooperative said. The Ankara district has already exported more pickles in 2020 than in all of 2019.
Turkey’s foreign trade deficit increased by 180 percent within the past year, as COVID-19 prevention measures decreased exports dramatically, with imports remaining stable. The ratio of exports to imports dropped by nearly 20 percent in the past year.