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Turkey - Israel trade drops

Business Materials 22 January 2020 18:05 (UTC +04:00)

BAKU, Azerbaijan, Jan. 22

By Rufiz Hafizoglu - Trend:

Turkey’s trade with Israel dropped by $21.5 million in November 2019 compared to the same month of 2018, amounting to $508.7 million, Turkey’s Ministry of Trade told Trend on Jan. 22.

Turkey’s export to Israel amounted to $384.4 million, and import from Israel to $124.3 million, the ministry said.

Trade between Turkey and Israel increased by $215.8 million from January through November 2019 compared to the same period of 2018, exceeding $5.3 billion.

During this period, Turkey’s export to Israel amounted to $3.7 billion, and import from Israel to $1.6 billion.

Turkey’s foreign trade in November 2019 amounted to $33.2 billion.

In November 2019, export of Turkey increased by 0.1 percent compared to November 2019, amounting to $15.5 billion.

Import to Turkey increased by 9.7 percent in November 2019 compared to the same month of 2018, reaching $17.7 billion.

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Follow the author on Twitter: @rhafizoglu

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