Testimonials

Excellent Norwegian export service provided by RW Freight. Goods are always collected on time and kept up to date on progress.

Norway Freight Exporter
67412

Excellent delivery service

Sweden Groupage Importer
90075

RW Freight Services is the carrier for my exports to Finland. I could not choose a better freight forwarder - they provide an excellent service.

Export Shipping to Finland
53936

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

Turkish exports down

Tags: , ,


Exports from Turkey decreased by three percent and imports increased by 0.5 percent in October, according to data released by the Turkish Statistical Institute (Turkstat) last week.

The Turkish lira’s recent loss of value against the U.S. dollar in was a key factor which pulled down the value of exports, while increasing the gap between total exports and imports value. Exports valued $12.841 million and imports valued $17.004 billion in October, which meant that the foreign trade deficit increasing to $4.164 billion.

Seasonally and calendar-adjusted exports increased by 2.5 percent. Imports decreased by 1.7 percent compared to the previous month. Exports to the 28 countries of the EU, which is Turkey’s largest export market, decreased by 0.8 percent from $6.262 billion to $6.211 billion.

Exports to EU countries represented 48.4 percent of total exports in October 2016; it was 47.3 percent in October 2015.