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Turkey-US trade turnover exceeds $1B in May

Business Materials 5 July 2019 17:18 (UTC +04:00)

Baku, Azerbaijan, July 5

By Rufiz Hafizoglu - Trend:

In May 2019, Turkey's trade turnover with the US increased by $181.168 million compared to May 2018 and amounted to $1.787 billion, Trend reports referring to Turkish Ministry of Trade.

In this period, Turkey's exports to the US amounted to $784 million, while imports from the US amounted to $1.003 billion.

The ministry noted that Turkey's trade turnover with the US in January-May 2019 decreased by $479.850 million and amounted to $7.8 billion.

In January-May 2019, Turkey's exports to the US amounted to $3.4 billion, while imports from the US amounted to $4.4 billion.

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 the reported period, Turkey's imports decreased by 17.81 percent compared to May 2018 and amounted to $18.299 billion.

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