Turkey announces 2008 export and import figures

Turkish Minister Tuzmen announces on Friday export and import figures in 2008.

Turkey announces 2008 export and import figures
Turkish exports reached 131.5 billion USD and imports stood at 201.4 billion USD in 2008, Turkish State Minister Kursad Tuzmen announced on Friday.

"Our exports could have reached 136 billion USD if the global crisis had not erupted," Tuzmen told a press conference with the Turkish Exporters' Assembly (TIM) head Mehmet Buyukeksi who also made his assembly's export figures.

Buyukeksi said Turkey's exports grew 20.3 percent in 2008 to reach 127.5 billion USD.

Tuzmen described the past six years as the "golden years" of Turkey's exporters and said Turkish exporters achieved this success despite overvalued Turkish currency.

"Turkey could have had current account surplus in the period between 2003 and 2008 if Turkish lira had not overvalued," Tuzmen said.

Last Mod: 02 Ocak 2009, 14:23
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