Turkey’s exports increased by 15.8 percent in May compared to the same month of the previous year, according to data released by the Turkish Exporters Assembly (TİM) Thursday.
The monthly export volume stood at around $12.5 billion, increasing for the seventh consecutive month. In the first five months of 2017, Turkey’s exports have recovered, marking a 10 percent increase in total. The TİM announced the numbers during a press conference attended by Economy Minister Nihat Zeybekci.
“Of our 20 top exporting partners, the highest increase in exports was to Russia with 73.4 percent. The five-fold increase in exports of fresh fruit and vegetables to this country had an effective impact on the said hike. Thus, our exports to Russia showed the highest monthly increase in May 2017,” he noted.
Büyükekşi said exports to 160 countries and regions increased in May, while exports to 75 others declined, stressing that exports to the top five exporting countries increased.