Turkish trade deficit rises to $19 billion in nine months
Turkey's trade deficit widened by 97.6 percent on a 12-month comparison to $18.96 billion in the first nine months of 2000, figures from the state statistics institute showed on Wednesday.
Imports climbed by 35.1 percent to $38.97 billion (45.4 billion euros) over the same period, while exports rose by 4.0 percent to $20 billion, it said.
The falling value of the euro against the dollar was a major factor in dollar terms for Turkey, which exports about 50 percent of its exports to European Union countries. — (AFP, Ankara)
© Agence France Presse 2000
© 2000 Mena Report (www.menareport.com)