Turkey's export down in October

Turkey's exports in October decreased 8.2% and imports grew 3.7% in October 2013, compared to October 2012, exposing an increase in foreign trade deficit by 31.8%. TurkStat, Turkey's statistical authority, said in its monthly foreign trade report published on Friday that exports decreased to 12.1 billion USD, while imports rose to 19.4 billion USD. For October 2013, China emerged as the top country for Turkey's imports with an import volume amounting to 1.9 billion USD, surpassing Russia, which was the biggest exporter to Turkey previous year. As in October 2012, Germany was Turkey's main partner for exports with an export volume of 1.1 billion USD.