By Tuba Sahin
ANKARA (AA) – Turkey's foreign trade gap in 2018 narrowed 28.4 percent year-on-year, the country's statistical authority announced on Thursday.
The figure reached $55 billion last year, down from a $76.8 billion-deficit in 2017, according to TurkStat.
Turkish exports rose 7 percent on a yearly basis to hit $168 billion, as imports dropped to $223 billion, indicating a decrease of 4.6 percent.
The exports-to-imports coverage ratio advanced to 75.3 percent last year, up from 67.1 percent in 2017.
