Turkish exports up in January

Turkey's exports in January totaled around $12.5 billion, a 10.7 percent rise compared with the same month in 2017, the Turkish Statistical Institute (TurkStat) announced Wednesday.

Turkish imports climbed 38 percent to over $21.5 billion, amounting to a foreign trade deficit of nearly $9.7 billion over the same period, according to provisional data by TurkStat and the Customs and Trade Ministry.

Official data showed the percentage of imports covered by exports in January was 57.9.