BAKU, Azerbaijan, August 19. Türkiye increased exports of steel products to Russia by 55.3 percent ($118.1 million) from January through July 2023 compared to the same period last year, the Turkish Ministry of Trade said, Trend reports.
Türkiye reduced steel exports to Russia by 13.8 percent ($16.9 million) in July 2023 year-on-year.
In addition, exports of Turkish steel products decreased by 37.8 percent and amounted to $4.4 million from January through July 2023 compared to the same period last year.
Moreover, Türkiye exported $1.2 billion worth of steel products in July 2023, which is 27.2 percent less than in July last year.
In general, Türkiye has exported steel products worth $16 billion over the past 12 months (from July 2022 through July 2023).