Erdogan’s Goal of Turkey Export Boom at Risk as Trade Gap Widens

Turkey’s trade deficit continued to widen in November, further putting President Recep Tayyip Erdogan’s goal of hitching the economy to a boom in exports at risk.

Exports rose 1.9% to $21.9 billion, according to preliminary Trade Ministry data, with the rate of growth slowing for a fifth consecutive month due to a drop in shipments to Turkey’s biggest export market.