Treasury and Finance Minister Mehmet Simsek, made statements about foreign trade.
Şimşek, “Exports in February in February, the impact of the parity, the lack of day and the negative weather conditions due to 1.5 percent of the annual increase in the first two months increased 2.1 percent,” he said.
Minister Şimşek, who made a statement on his social media account, continued as follows:
“In February, imports increased by 3.8 percent annually, while imports decreased by 3.1 percent excluding gold and energy. Thus, the foreign trade balance except gold and energy improved.
Increased uncertainties in global trade, protectionist policies, the weak growth appearance of the EU, natural gas prices and the effect of recovery in our economic activity, we expect an increase in the foreign trade deficit this year, but we expect the sustainable current balance to continue.
We continue to increase our support to limit the effects of existing conditions on production and exports. “
