Turkey's foreign trade deficit in October fell 93.8 percent year-on-year, the country's statistical authority announced on Friday.
The country's foreign trade deficit in October totaled $456 million, improving from $7.3 billion deficit a year ago, according to Turkish Statistical Institute (TurkStat).
Last month, Turkey's exports hit $15.72 billion -- up 13 percent on a yearly basis --, as imports dropped to $16.17 billion with an annual decline of 23.8 percent.
"In October 2018, exports coverage imports was 97.2 percent, while it was 65.6 percent in October 2017," TurkStat said.
Turkey's foreign trade deficit falls 93.8 pct in Oct.
TurkStat says foreign trade deficit totals $456M in October, improving from $7.3B deficit a year ago