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Trade turnover between Turkey, Georgia decreasing

Business Materials 20 May 2019 15:31 (UTC +04:00)

Baku, Azerbaijan, May 20

By Rufiz Hafizoglu - Trend:

In the first quarter of 2019, the trade turnover between Turkey and Georgia decreased by $44.7 million compared to the same period in 2018 and amounted to $354.9 million, Trend reports referring to Turkey's Ministry of Trade.

In the 1Q2019, Turkey's exports to Georgia amounted to $285.7 million, while imports from Georgia equaled to $69.2 million.

In March 2019, the trade turnover between Turkey and Georgia decreased by $19.8 million compared to March 2018 and amounted to $132.4 million.

In March 2019, Turkey's exports to Georgia amounted to $110 million, while imports from Georgia reached only $22.4 million.

In 2018, the trade turnover between Turkey and Georgia amounted to $1.5 billion.

The total turnover of Turkey in March 2019 amounted to $34.5 billion.

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Follow the author on Twitter: @rhafizoglu

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