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Turkey's trade deficit narrowed 48.1% year-on-year to $4.99 billion in September, a development that could lead to a current account surplus in the same period, Trade Minister Omer Bolat said on Wednesday.
Exports rose slightly to $22.67 billion in September, while imports declined by 14.1% to $27.66 billion, Bolat said, unveiling the numbers in a news conference.
Bolat also said that goods and services exports need to increase to ensure a sustainable improvement in the current account balance. (Reporting by Ezgi Erkoyun and Nevzat Devranoglu; Editing by Daren Butler)