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Kyrgyzstan slows down on imports of Turkish cement

Business Materials 18 June 2020 15:42 (UTC +04:00)
Kyrgyzstan slows down on imports of Turkish cement

BAKU, Azerbaijan, June 18

By Rufiz Hafizoglu – Trend:

Cement export from Turkey to Kyrgyzstan from January through May 2020 has decreased by 52.4 percent compared to the same period in 2019, having made up $187,000, Turkish Trade Ministry told Trend on June 18.

In May 2020, Turkish cement export to Kyrgyzstan slumped by 82.6 percent compared to May 2019 and amounted to $25,000.

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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