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Turkey-Azerbaijan trade turnover increased in May

Business Materials 1 July 2019 14:36 (UTC +04:00)

Baku, Azerbaijan, July 1

By Rufiz Hafizoglu - Trend:

In May 2019, the trade turnover between Turkey and Azerbaijan increased by $27.989 million compared to May 2018 and amounted to $193.476 million, Trend reports referring to the Turkish Trade Ministry.

In May 2019, Turkey's exports to Azerbaijan amounted to $157.579 million, while imports from Azerbaijan equaled to $35.897 million.

The ministry noted that the trade turnover of Turkey and Azerbaijan in January-May 2019 increased by $30.274 million compared to January-May 2018 and amounted to $789.219 million.

In January-May 2019, Turkey's exports to Azerbaijan amounted to $598.551 million, while imports from Azerbaijan reached $190.708 million.

The total foreign trade turnover of Turkey in May 2019 amounted to $34.633 billion.

In May 2019, Turkish exports increased by 0.5 percent compared to May 2018 and amounted to $16.334 billion.

In May 2019, Turkey's imports decreased by 17.81 percent compared to May 2018 and amounted to $18.299 billion.

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