Tag: Imports decline

Turkey's exports remain strong despite weak demand in Europe, while imports continue to decline. The country's trade deficit narrows, aided by the central bank's interest rate strategy. Turkish exporters adapt and diversify their markets, mitigating the impact of European economic uncertainties. The decline in imports provides relief and strengthens Turkey's external position. Authorities remain cautiously optimistic about the export-oriented economy and focus on innovation and market diversification. Resilient exports offer hope amidst turbulent times.