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Import of Turkish chemicals by US in 1H2020 drops

Business Materials 26 July 2020 12:42 (UTC +04:00)
Import of Turkish chemicals by US in 1H2020 drops

BAKU, Azerbaijan, July 26

By Rufiz Hafizoglu - Trend:

Export of chemical products from Turkey to the US dropped by 9.46 percent from January 2020 through June 2020, making up $350.9 million, Trend reports with reference to the Turkish Trade Ministry.

In June 2020, Turkey’s export of chemical products to the US decreased by $4.54 percent compared to June 2019 and reached $62.3 million.

Turkey's export of chemical products to the world markets decreased by 13.9 percent from January through June 2020 compared to the same period of last year and stood at slightly over $8.6 billion.

Turkey's export of chemical products abroad amounted to 11.5 percent of the country’s total export for the reporting period.

In June 2020, Turkey's export of chemical products to the world markets exceeded $1.4 billion, which is 10.2 percent more compared to the same month of 2019, the ministry said.

Turkey's export of chemical products in June this year made up 10.6 percent of the country’s total export.

During the last 12 months (from June 2019 through June 2020), Turkey's export of chemical products to the world markets made up $19.2 billion.

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Follow the author on Twitter: @rhafizoglu

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