Turkey's exports up 20.34 pc in February

Exports increased to some 8,227 million USD in February over the same period last year, said Turkish Exporters' Assembly (TIM), a national union of exporters.

Two-month figures in exports were also up by 16.26 percent to 16,123 million USD, TIM said.

"In February, we reached 23,34 percent, a figure above 20 percent which we have been longing for," said Mehmet Buyukeksi, the TIM's head.

Turkey's exports in 2009 saw a sharp fall of 22.6 percent due to a global economic recession down to 102.1 billion USD, according to figures by TurkStat, the national statistics authority.

A TurkStat report said last week that exports in January 2010 were 7,864 million USD as imports were up 23.9 percent to 11.5 billion USD.

The report said foreign trade deficit soared 160.6 percent to some 3.6 billion USD.

Exports in January 2009 were 7,885 million USD.


/World Bulletin/