The Turkish Statistical Institute reported Wednesday that the Turkish exports declined by 7.5 percent for the first time in November, 2014, compared with the corresponding month last in 2013.
The exports went down to USD 13.1 billion, while imports rose by 0.2 percent to USD 21.4 billion during the period in question.
The trade deficit widened by 15.3 percent to USD 8.3 billion from from USD 7.2 billion.
The report attributed the deficit to the skyrocketing gold imports which rose by 106.3 percent to USD 2.1 billion in last November.