ANKARA
Turkey's November exports increased 3.6 percent while imports rose 2.2 percent compared to November 2012 ,Turkey's statistical authority TurkStat announced on Tuesday.
Exports stood at $14.2 billion with a 3.6 percent increase, and imports at $21.4 billion with a 2.2 percent increase in November 2013.
In November 2013, the foreign trade deficit decreased 0.6 percent from $7.195 billion to $7.151 billion. The coverage of imports by exports were 66.6 percent compared to 65.7 percent in November, 2012.
Seasonally and calendar adjusted exports increased 4 percent and imports decreased 0.9 percent compared with the previous month. Also compared with November 2012, the calendar adjusted exports increased 3.4 percent and imports 6 percent.
While exports to the EU accounted for 42 percent of Turkish exports in November 2012, the figure reached 44.1 percent in November 2013.
Exports to EU countries increased from $5.7 billion to $6.2 billion with an 8.7 percent increase in November compared to the same period last year.
Germany became the top export destination for Turkey in November with a 12.4 percent increase to $1.3 billion in exports compared to the same period last year. Germany was followed by Iraq ($1.217 billion), the United Kingdom ($898 million) and Russia ($655 million).
In terms of imports, Russia led the list with $2.3 billion, followed by Germany ($2.1 billion), China ($2.071 billion) and Italy ($1.1 billion).
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