BAKU, Azerbaijan, December 7. Türkiye's exports to member nations of the European Union (EU) totaled $9.8 billion in October 2024, up 12.2 percent from the same month in 2023, the Turkish Ministry of Trade said in its statement, Trend reports.
From January through October of this year, the country's exports to EU nations equaled $90 billion, hiking 3.9 percent year-on-year.
“Türkiye's imports from EU nations in October this year grew by two percent compared to the same period in 2023 and stood at $9.49 billion,” the statement reads.
The country's imports from EU nations during 10 months of 2024 rose by 3.5 percent compared to the same period last year and amounted to $90.8 billion, added the statement.
To note, Türkiye's foreign trade turnover reached $52.9 billion this October, whereas exports decreased by 3.1 percent compared to the same month in 2023 to $23.5 billion, and imports - by 1.4 percent to $29.4 billion.
The country's foreign trade turnover reached $498.68 billion from January through October this year.
From January through October 2024, Türkiye's exports abroad increased by 3.1 percent compared to the same period in 2023 to $216 billion, while imports decreased by 7.2 percent to $282.49 billion.
Türkiye's foreign trade turnover reached $617.5 billion last year.
However, in 2023, Türkiye's exports totaled $255.7 billion, up 0.6 percent compared to 2022, while imports decreased 0.5 percent to $361.7 billion.