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Azerbaijan's import of cement from Turkey marginally declines

Business Materials 25 August 2020 10:28 (UTC +04:00)
Azerbaijan's import of cement from Turkey marginally declines

BAKU, Azerbaijan, Aug. 25

By Rufiz Hafizoglu - Trend:

The export of cement from Turkey to Azerbaijan declined by 8.56 percent in the first 7 months of 2020 compared to the same period of 2019, amounting to $19.7 million, the Turkish Ministry of Trade told Trend.

In July 2020, Turkey’s cement export to Azerbaijan grew by 30.66 percent compared to July 2019 and exceeding $2.8 million.

From January through July 2020, the export of cement from Turkey to the international markets increased by 0.9 percent compared to the same period of last year, exceeding $2 billion.

Turkish cement exports reached 2.3 percent of the country's total export volume from January through July 2020.

Turkey exported $351.6 million worth of cement to global markets in June 2020, which is an 11.5 percent increase in comparison to the same month of 2019.

The export of cement from Turkey in July 2020 amounted to 2.3 percent of the country's total export volume.

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

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Follow the author on Twitter: @rhafizoglu

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