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Demand for Turkish cement growing in Russian market

Business Materials 27 July 2020 15:59 (UTC +04:00)
Demand for Turkish cement growing in Russian market

BAKU, Azerbaijan, July 27

By Rufiz Hafizoglu - Trend:

Cement export from Turkey to Russia surged by 38.28 percent in the first half of 2020 compared to the same period of last year, amounting to $35.3 million, the Turkish Ministry of Trade told Trend on July 27.

Turkey exported cement worth $4.1 million to Russia in June 2020, which is by 45.98 percent less compared to June 2019.

From January through June 2020, the export of cement from Turkey to the world markets decreased by 1 percent compared to the same period of last year, amounting to $1.7 billion.

Meanwhile, the export of cement from Turkey reached 2.3 percent of the country's total export volume.

Turkey exported cement worth $323.1 million to the world markets in June 2020, which is 37.4 percent more than in the same month of 2019.

The export of cement from Turkey in June 2020 amounted to 2.4 percent of the country's total export volume.

Turkey exported cement worth $3.5 billion over the past 12 months (from June 2019 through June 2020).

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Follow the author on Twitter: @rhafizoglu

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