Record increase in foreign trade with Turkish Lira!

Turkey's foreign trade volume reached a record level of 1 trillion 63 billion 25 million liras in the first nine months of this year. A %33 increase was recorded compared to the same period last year, demonstrating positive developments in the economy. According to data from the Ministry of Trade, a similar positive momentum was observed in Turkish exports during the January-September period.

Turkey's total exports increased by %4.1 compared to the same period in 2022, reaching 200.6 billion dollars. This increase indicates that Turkey's competitiveness in international markets has improved and that Turkish companies have become more active on the global stage. The development of economic data in this way also highlights the effectiveness of Turkey's trade policies.

Foreign trade conducted in Turkish liras is exhibiting a remarkable performance not only in exports but also in imports. When considering import figures, the distribution of this increase on a sectoral basis is an important indicator for economic stability. The rise in exports and the role of the Turkish lira in this process is particularly functioning as a buffer against fluctuations in exchange rates.

The increase in exports achieved this year is not just a number; it is also an indication that the Turkish economy is built on solid foundations. Economic experts hope that these positive developments will continue and that Turkey's trade relations will strengthen further. These goals, which are among Turkey's strategic priorities, will continue to be decisive in the upcoming period.

As a result, the record levels achieved in foreign trade conducted in Turkish lira reflect a critical situation in terms of both promising development for economic growth and strengthening the country's role in global trade. When economic growth is combined with sustainable trade policies, it can further establish Turkey as a stronger actor in the future.