Wednesday, a report by the Turkish Statistical Institute said the overall export volume index declined 6.9% year-on-year in March. At the same time, the import volume index slipped 22.2%.
Meanwhile, the export value index fell 23.1% on a yearly basis in March, and the import value index declined 19.7%.
In the first quarter, the export volume index was down 9.2%, while the import volume index dropped 31.2% from the same period last year. Moreover, the export and import value indices dipped 18.9% and 16.7% annually in the first quarter.
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