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Israel increasing steel imports from Turkey

Business Materials 12 March 2020 16:15 (UTC +04:00)
Israel increasing steel imports from Turkey

BAKU, Azerbaijan, Mar. 12

By Rufiz Hafizoglu - Trend:

Turkey’s export of steel to Israel from January through February 2020 has exceeded $172.5 million, which is 21.3 percent more compared to the same period of 2019, Turkey’s Ministry of Trade told Trend.

Turkey’s export of steel to Israel in February 2020 decreased to $73.9 million, which is 9.4 percent less compared to February 2019, the ministry noted.

From January through February 2020, export of steel from Turkey to world markets dropped by 9.5 percent compared to the same period of 2019, amounting to $2.1 billion.

Turkey’s steel export amounts to 7.4 percent of the country’s total export for a period from January through February 2020.

In February 2020, Turkey’s export of steel to world markets amounted to $1 billion, which is 15 percent less compared to the same month of 2019, and 6.9 percent of the country’s total export.

From February 2019 through February 2020, Turkey’s steel export has exceeded $13.6 million.

Turkey’s foreign trade turnover in January 2020 exceeded $33.9 billion.

Follow the author on Twitter: @rhafizoglu

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