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Georgia's import of leather products from Turkey down

Business Materials 20 July 2020 09:07 (UTC +04:00)
Georgia's import of leather products from Turkey down

BAKU, Azerbaijan, July 20

By Rufiz Hafizoglu - Trend:

Turkey’s export of leather goods to Georgia dropped by 14.6 percent from January through May 2020 compared to the same period of 2019 and amounted to $3.7 million, Turkish Trade Ministry told Trend on June 24.

In May 2020, export of Turkish leather goods to Georgia plunged by 40.6 percent compared to the same month of 2019 and equaled to $522,000.

Turkey’s export of leather goods to world markets from January through May 2020 shrank by 28.7 percent, compared to the same period of 2019, and made up $530.2 million

The export of leather goods from Turkey made up 0.9 percent of the country's total export over the reporting period.

"In May 2020, Turkey exported leather goods worth $61.3 million to foreign markets, down by 62.2 percent compared to the same month of 2019," the ministry said.

Turkey’s export of leather goods in May this year amounted to 0.6 percent of the country's total export.

During the last twelve months (from May 2019 through May 2020), Turkey exported the leather goods in the amount of over $1.4 billion.

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Follow the author on Twitter: @rhafizoglu

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