International trade

Turkey's ready wear and confection exporters are working at nearly full capacity to meet strong demand stemming from recovery in the industry's export markets.

From January to July, the sector's shipments to foreign markets grew by a robust 27 percent on an annual basis to climb more than $11.1 billion.

Ljubljana – The National Institute of Public Health (NIJZ) has decided to outsource some of the contact tracing to a private company, City Connect. The six-month deal is worth almost EUR 2.3 million, or EUR 1.86 million without VAT, the business newspaper Finance reported on Monday.

Ljubljana, 9 August – Slovenia exported EUR 3.3 billion in goods in June, which is 21% more year-on-year, while imports were up by 30.6% to EUR 3.4 billion, the Statistics Office reported on Monday.

In June, a deficit in trade was recorded for a third month in a row, standing at EUR 100 million, with exports covering imports at a rate of 97.5%.

Turkey's steel imports hit $9.2 billion in the first half of this year, according to the Aegean Exporters Association (EİB) figures.

Israel was Turkey's top market for steel exports with a total of $580 million. Spain ($568 million) and Italy ($537 million) followed it.

In May 2021, the current account showed a deficit of €1.4 billion, up by €477 million year-on-year.

In the period January - May 2021, goods worth a total of BGN 26,355.3m were exported from Bulgaria, which is 19.4% more than in the same period of 2020, according to preliminary data from the National Statistical Institute. In May 2021 the total exports of goods amounted to BGN 5,084.7m and increased by 32.3% compared to the same month of the previous year.

Turkey saw record high exports in both June and the first half of 2021 thanks to the country's strong performance since the beginning of this year, the trade minister announced on July 2. 

Turkish exports reached $19.8 billion in June, up 47% from the same month last year, Mehmet Muş said, citing preliminary foreign trade figures.

By Carl Bildt *

In 2015, the US had a trade policy that tried to fashion the global trade system of the future.

Yoana Madzharova is the Operations Manager at the leading recruitment agency in Bulgaria - HRS Bulgaria. She graduated Administration and management at the New Bulgarian University and is certified by Thomas International, Extended DISC and McQuaig psychometric assessment systems.

Brussels – Attending a session of the EU’s Trade Policy Council, Economy Minister Zdravko Počivalšek discussed the reform of the World Trade Organization (WTO) with his EU counterparts in Brussels on Thursday. Počivalšek said that Slovenia was ready to cooperate to affirm the importance of the WTO during its EU presidency.