BAKU, Azerbaijan, July 27
By Rufiz Hafizoglu - Trend:
The trade turnover between Turkey and Kazakhstan in May 2020 dropped by $77.2 million compared to the same month of 2019, having stood at $139.9 million, Turkish Trade Ministry told Trend.
In May 2020, Turkey’s export to Kazakhstan made up $55.4 million, and import from Kazakhstan amounted to $84.5 million, the ministry said.
In the first 5 months of 2020, trade turnover between Turkey and Kazakhstan declined by $183.4 million compared to the same period of 2019, amounting to $774.5 million.
From January through May 2020, Turkey’s export to Kazakhstan amounted to $306.5 million, while import from Kazakhstan stood at $467.9 million, noted the ministry.
Turkey's foreign trade turnover in May 2020 amounted to over $23.3 billion.
In the reporting month, Turkey's exports dropped by 40.9 percent compared to May 2019, having stood at over $9.9 billion.
Meanwhile, imports of Turkey in May 2020 went down by 27.8 percent compared to May of last year and amounted to $13.3 billion.
According to the ministry, in the first 5 months of this year, Turkey’s trade turnover made up $144.1 billion.
From January through May 2020, Turkish exports decreased by 19.7 percent compared to the same period in 2019, having amounted to $ 61.5 billion, the ministry said.
It was also noted that Turkish imports dipped by 5.2 percent compared to the same period in 2019, having made up $82.5 billion.
The foreign trade turnover of Turkey in 2019 made up $374.2 billion.
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