Turkey's trade deficit increased 43.9 percent year-on-year to $8.85 billion in April, while energy and gold imports slowed in the same period.
Total exports fell 17.2 percent to $19.315 billion in April, while imports fell 4.5 percent to $28.162 billion.
Trade Ministry data showed Turkey imported $5.1 billion worth of gold in January, while gold imports fell to $4.1 billion in February and $1.7 billion in March. The central bank's gold reserves fell to $49.3 billion as of April 20 from a peak of $53.4 billion at the end of March.
Source (Al-Arabiya.net Website, Edited)
