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Georgia's cement import from Turkey drops

Business Materials 17 June 2020 10:11 (UTC +04:00)
Georgia's cement import from Turkey drops

BAKU, Azerbaijan, June 17

By Rufiz Hafizoglu – Trend:

Cement export from Turkey to Georgia from January through May 2020 lowered by 15.8 percent compared to the same period in 2019, having made up $16.3 million, Turkish Trade Ministry told Trend on June 17.

In May 2020, Turkish cement export to Georgia plunged by 35.5 percent compared to May 2019 and amounted to $3.7 million.

Turkey’s export of cement to world markets from January through May 2020 went down by 6.9 percent compared to the same period in 2019, having stood at over $1.3 billion.

According to the ministry, the cement export from Turkey amounted to 2.3 percent of the country’s total export for the reporting period.

“In May 2020, Turkey’s export of cement to international markets amounted to $250.3 million, which is 29.3 percent less compared to the same month of 2019,” the ministry said.

Turkey’s export of cement to international markets in May this year amounted to 2.5 percent of the country’s total export.

During the last twelve months (from May 2019 through May 2020), Turkey exported cement worth $3.4 billion.

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