Turkish exports hit all-time high of $254.2 billion, President Erdoğan announces
Despite global challenges, Türkiye's exports rose by 12.9% from a year earlier, Turkish President Recep Tayyip Erdoğan told a news conference in Istanbul on Monday. "Our goal is to ensure that Türkiye takes its place among the top 10 exporting countries in the world," Erdoğan said.
- Türkiye
- Anadolu Agency
- Published Date: 01:17 | 02 January 2023
- Modified Date: 03:25 | 02 January 2023
Türkiye's exports hit an all-time high of $254.2 billion in 2022, President Recep Tayyip Erdoğan announced on Monday, citing preliminary data.
Despite global challenges, the figure increased by 12.9% from a year earlier, Erdoğan told a news conference in Istanbul.
"Our goal is to ensure that Türkiye takes its place among the top 10 exporting countries in the world," he said.
The president underlined that Türkiye's exports in Turkish liras reached nearly 350 billion Turkish liras ($19 billion) last year.
"The number of countries and regions to which we export with our currency has reached 197," Erdoğan added.
Separately, Trade Ministry revealed that Türkiye's imports surged by 34.3% year-on-year to $364.4 billion in 2022.
The country's trade gap totaled $110.2 billion last year, widening from $46.2 billion a year ago, preliminary data showed.
The export-import coverage ratio decreased to 69.8% in 2022 from 83% in 2021.