The country’s trade balance posted $2.7 billion deficit in July, according to the institute’s figures.
The export-to-import coverage ratio was 84.8 percent in July 2020 versus 82.9 percent in July 2019.
In January-July period, the country’s exports were $90 billion, dropping 13.7 percent year-on-year, while imports were $116.6 billion, down 3.9 percent.
The trade deficit was $26.6 billion in the first seven months – the export-to-import coverage ratio was 77.2 percent.
Hurriyet Daily News