...

Value of Turkish furniture export to China spikes

Business Materials 24 June 2020 17:29 (UTC +04:00)
Value of Turkish furniture export to China spikes

BAKU, Azerbaijan, June 24

By Rufiz Hafizoglu - Trend:

Export of wood and furniture from Turkey to China increased by 56.4 percent in the first five months of 2020 compared to the same period of 2019, having exceeded $30.8 million, Turkey's Trade Ministry told Trend on June 24.

In May 2020, export of wood and furniture from Turkey to China surged by 105 percent compared to the same month of 2019, and surpassed $4.5 million.

From January through May 2020, Turkey’s export of wood and furniture to world markets dropped by 10.8 percent compared to the same period of last year, having made up $2 billion. Meanwhile, Turkey’s wood and furniture export amounted to 3.3 percent of the country’s total export.

Turkey exported over $367.3 million worth of wood and furniture to international markets in May 2020, which is 30.2 percent less compared to May 2019.

Turkey’s wood and furniture export during May 2020 made up 3.7 percent of the country’s total export.

During the last 12 months (from May 2019 through May 2020), Turkey exported wood and furniture abroad in the amount of over $5.2 billion.

---

Follow the author on Twitter: @rhafizoglu

Tags:
Latest

Latest