- Turkey's trade deficit soared by 17.2 percent in March, fuelled by sharp fall in exports, according to the Foreign Trade Statistics data released by Turkstat on Thursday.
According to the data, produced with the cooperation of the Turkish Statistical Institute and the Ministry of Customs and Trade, in March exports fell by 14.4 percent to 12.57 billion dollars and imports fell by 6.1 percent to 18.72 billion dollars in March.
In the same month, foreign trade deficit increased by 17.2 percent from 5 billion 251 million dollars to 6 billion 154 million dollars.
In March 2015, exports coverage imports was 67.1 percent, while it was 73.7 percent in March 2014.
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