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Turkey's export of steel to China up

Business Materials 17 March 2020 15:26 (UTC +04:00)

BAKU, Azerbaijan, Mar. 17

By Rufiz Hafizoglu - Trend:

Turkey’s export of steel to China from January through February 2020 made up $2.2 million which is 64.6 percent more compared to the same period of 2019, Turkey’s Ministry of Trade told Trend on March 17.

Turkey’s export of steel to China in February 2020 increased to $1 million, which is 90.9 percent more 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 amounted to 7.4 percent of the country’s total export 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.

Turkey’s steel export in February 2020 made up 6.9 percent of the country’s total export.

From February 2019 through February 2020, Turkey exported steel worth $13.6 billion.

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

In January 2020, Turkey's total export exceeded $14.7 billion, which is an increase by 6.4 percent compared to January 2019.

Turkey's total import increased by 18.8 percent in January 2020 compared to the same month of 2019 and exceeded $19.2 billion.

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