The volume of Turkish foreign trade in local currency amounted to 349 billion and 488 million liras during the first half of this year, an increase of 129.3 percent compared to the same period last year.
According to data from the Turkish Ministry of Trade, the total volume of Turkish foreign trade between January and June 2023 amounted to $308 billion, an increase of 1.7 percent over the same period of the previous year.
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Turkish exports increased in local currency during the aforementioned period compared to last year by 86.7 percent, to reach 94 billion and 580 million pounds, while imports amounted to 245 billion and 908 million pounds.
It should be noted that one dollar is equivalent to 26.06 Turkish liras, according to the exchange rates on Wednesday’s trading in Istanbul.
