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Turkey sees significant increase in steel exports to Azerbaijan

Economy Materials 13 May 2022 14:24 (UTC +04:00)
Turkey sees significant increase in steel exports to Azerbaijan

BAKU, Azerbaijan, May 13. Turkey boosted steel exports to Azerbaijan by 21.9 percent from January through April 2022 compared to the same period in 2021, the Ministry of Trade of Turkey said, Trend reports via TurkicWorld.

According to the ministry, this figure totaled $37.9 million during this period.

In the reporting period, Turkey's steel exports to world markets reached $7.7 billion, up by 42.3 percent against the same period in 2021.

In April 2022, Turkey increased its steel exports to Azerbaijan by 31.5 percent compared to the same month in 2021. This indicator amounted to $9.2 billion, the ministry said.

In the reporting month, Turkey's steel exports totaled $2 billion, growing by 23.9 percent against the same month in 2021.

The ministry added that Turkey exported $24.6 billion worth of steel over the year (April 2021-April 2022).

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