World Bulletin / News Desk
Turkish exports increased 8.5 percent in July 2012 when compared to July 2011.
It reached 12.8 billion USD, said TurkStat, Turkey's statistical authority, on Friday.
Meanwhile, imports decreased 1.5 percent to 20.7 million USD in July 2012 when compared to July 2011.
In July 2012, foreign trade deficit decreased from 9.2 million USD to 7.8 million USD.
Calendar adjusted exports increased 8.5 percent and imports decreased 5.3 percent in July 2012 when compared to July 2011.
Seasonally and calendar adjusted exports decreased 1.1 percent and imports decreased 1.7 percent in July when compared to June.
In July 2012, exports coverage imports was 62 percent while it was 56.3 percent in July 2011.
As compared to July 2011, exports to EU decreased 21.9 percent in July 2012.
The share of the EU countries in export was 34.3 percent in July 2012, while it was 47.7 percent in July 2011.
In July 2012, the main partner country for exports was Iran (2.158 million USD), followed by Germany (1.037 million USD), Iraq (912 million USD), the United Kingdom (638 million
USD) and Russia (552 million USD).
In July 2012, the top country for Turkey's imports was Russia (2.416 million USD), followed by Germany (1.823 million USD), China (1.802 million USD) and the U.S. (1.275 million USD).
A new EU sponsored public opinion poll has revealed that 40 percent people think EU membership would be 'bad' for Turkey
Turkish dailies cover the killing of two soldiers in a suicide attack plus President Erdogan’s remarks on the PKK
Turkish officials have said the strikes against the PKK are a response to increased violence.
Justice and Development Party delegation meets with Republican People's Party members for the fourth time
Foreign Ministry announces joint investigation with Iraqi-Kurdish authorities into airstrike
A senior MHP representative says his party may be open to coalition talks if AK Party and CHP fail to form a government
Pakistan last leg of 5-day Asia trip which has also taken in China and Indonesia
The Turkish military strikes since July 24 has also left hundreds injured
Ahmet Davutoglu has outlined Turkey's stance against terrorism in an article for the Washington Post daily
The Turkish President Recep Tayyip Erdogan will visit Islamabad and meet with Pakistani Prime Minister Nawaz Sharif.
Major obstacles must be overcome for the completion of the pipeline to carry Russian gas to Europe via Black Sea and Turkey
Friday’s newspapers mainly cover President Erdogan’s remarks on coalition government plus the killing of three soldiers
Davutoglu hints at common masterminds behind recent wave of terrorist attacks by ISIL and PKK
President Tayyip Erdogan tells Turkey-China Business Forum that Turkey needs to tackle enormous trade deficit between two countries
Passenger train en route to Tehran attacked by suspected PKK militants, no casualties reported
Turkish dailies cover the fallout from recent PKK violence in Turkey, plus President Erdogan's official visit to China