Turkey GDP rise high by 2024

Turkey GDP rise high by 2024

 

Turkish Foreign Trade in Turkish Lira Surges by 52.9% in the First Five Months of 2024

Turkish foreign trade conducted in Turkish lira has witnessed a remarkable increase of 52.9% during the first five months of 2024, compared to the same period in 2023. This represents a total of 437 billion 445 million Turkish lira (approximately $13.6 billion).

 

Record-Breaking Turkish Exports

Turkish exports in May 2024 reached the highest monthly level in the country's history, amounting to $24.1 billion. Data indicates that Turkish exports over the past five months have reached 164 countries, while 39,925 companies have utilized the Turkish lira in their foreign sales.

 

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Properties for sale in Istanbul

 

Key Points

 

  • Growth in Lira-Denominated Foreign Trade: Turkish foreign trade conducted in lira has surged by 52.9% during the first five months of 2024.
  • Record-High Exports: Turkish exports in May 2024 achieved the highest monthly level in the nation's history, reaching $24.1 billion.
  • Widespread Use of Turkish Lira: 39,925 companies have employed the Turkish lira in their foreign sales.
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