Evaluation of Foreign Trade Data from Minister Şimşek
Minister of Treasury and Finance Mehmet Şimşek, Evaluating Turkey's foreign trade data for July, announced that exports reached an all-time high monthly level. Minister Simsek, He stated that this success points to the healthy growth dynamics of the Turkish economy..
Record Increase in Exports, Limited Rise in Imports
According to Minister Şimşek's statement on social media, exports in July on an annual basis 11 increased, reaching the highest monthly level in history. Annual export figure 269,4 rising to billion dollars, imports increased slightly compared to the previous month. 357,7 amounted to billion dollars.
This strong performance, Şimşek stated that despite the uncertainties in the global economy, Turkish exporters concretely demonstrated their dynamism and success in product-market diversification., He emphasized that this situation also supports strong service revenues and a sustainable current account deficit..
Aim: An Advanced Position in the Global Supply Chain
Minister Simsek, Stating that this positive momentum should be maintained, He said that they will continue their work with determination to further advance Turkey's position in the global supply chain.. To achieve this goal, it is necessary to strengthen macro-financial stability., He stated that emphasis will be placed on high value-added production and innovation-oriented transformation studies..
