Turkey’s Ministry of Customs and Trade announced preliminary May trade data showing exports growth of 9.97%. Main drivers were a 177% increase in raw materials and 43% expansion in automotive products. A weaker Turkish lira helped competitiveness, including a 12% drop against the U.S. dollar vs. a year earlier. Exports to the U.S. increased 22.3%. … Continue reading “Turkish Exports Jump, Led By Raw Materials and Weaker Lira”...