Turkey's August exports rise 5.2pc to $11.07bn

01 Sep, 2014

ISTANBUL: Turkish exports in August rose 5.2 percent year-on-year to $11.07 billion, bringing exports in the first eight months of the year to $104.62 billion, the Turkish Exporters' Assembly (TIM) said on Monday.

Exports to major trading partner Iraq fell 27 percent to $632 million last month, TIM also said, less of a fall than in previous months. Trade between the neighbours has been hit since June when Islamic militants seized swathes of northern Iraq and kidnapped Turkish diplomats at the consulate in Mosul.

TIM releases its figures almost a month before the state statistics office, and the two sets of data normally match.

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