Turkey's trade turnover with Turkic-speaking countries decreases

Baku, Azerbaijan, Feb. 14

By Rufiz Hafizoglu - Trend:

Turkey’s trade turnover with Turkic-speaking countries, namely, Azerbaijan, Turkmenistan, Kazakhstan, Uzbekistan and Kyrgyzstan, decreased by $429 million and reached $6.919 billion in 2018 compared to 2017, the Turkish Ministry of Trade told Trend on Feb. 14.

The export of the Turkish goods to these countries amounted to $3.966 billion in 2018, which is $198 million less than in 2017.

"The import of the Turkish goods from Turkic-speaking countries totaled $2.953 billion in 2018, which is $231 million less compared to 2017," the ministry said.

Over the past three years (2016–2018), Turkey’s trade turnover with Turkic-speaking countries amounted to $25.03 billion.

"During the reporting period, the export of the Turkish goods to Turkic-speaking countries amounted to $16.288 billion, while import - $8.742 billion," the ministry said.

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Follow the author on Twitter: @rhafizoglu

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