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Exports of electrical equipment from Türkiye to Northern Cyprus increase

Economy Materials 21 August 2023 18:07 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, August 21. Türkiye increased exports of electrical equipment to Northern Cyprus by 18.1 percent ($64.6 million) from January through July 2023 compared to the same period last year, Trend reports.

According to the Turkish Ministry of Commerce, Türkiye increased exports of electrical equipment to Northern Cyprus by 44.6 percent ($9.3 million) in July 2023 compared to the same month in 2022.

In addition, Turkish exports of electrical equipment increased by 9.9 percent and amounted to $9.1 billion from January through July 2023 year-on-year.

Türkiye exported $1.3 billion worth of electrical equipment in July 2023, which is 23.6 percent more than in July last year.

In general, Türkiye has exported $16 billion worth of electrical equipment over the past 12 months (from July 2022 through July 2023).

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