ISTANBUL, April 4 (Reuters) - Turkey's trade deficit
rose 3.7% year-on-year in March to $8.57 billion, the Trade
Ministry said on Tuesday, as February earthquakes and rising
energy costs weighed on the trade balance.
Turkey's exports rose 4.4% to $23.6 billion in March, while
imports climbed 4.2% to $32.17 billion, the data showed.
Trade Minister Mehmet Mus said the majority of the economic
impact due to earthquakes, which devastated the southeast, was
reflected in February and March and he expects limited further
impact on trade.
In the January-March period the trade deficit increased by
31.5% to $34.9 billion, the ministry said.
(Reporting by Ezgi Erkoyun and Nevzat Devranoglu; Editing by
Jonathan Spicer)
Messaging: ezgi.erkoyun.thomsonreuters.com@reuters.net;))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.