Imports of Turkey far exceeded exports, putting excessive pressure on current account. Total exports grew by 14.1% to touch $76 billion in 2005, while imports burgeoned to $105 billion in 2005; a growth of 20% over 2004. Exports and imports in 2004 stood at $67 billion and $87 billion, respectively. Major trading partners of Turkey includes Germany, UK, US, Italy, France, Spain, Russia & China.
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Source:- IIPM Editorial
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Monday, January 22, 2007
Foreign trade: Exports & imports
