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Turkmenistan’s import of chemical products from Turkey drops

Business Materials 31 August 2020 13:59 (UTC +04:00)
Turkmenistan’s import of chemical products from Turkey drops

BAKU, Azerbaijan, Aug. 31

By Rufiz Hafizoglu - Trend:

Export of chemical products from Turkey to Turkmenistan decreased by 13.60 percent in the first seven months of 2020 compared to the same period of last year, making up $66.6 million, the Turkish Trade Ministry told Trend.

In July 2020, Turkey exported chemical products worth $14.2 million to Turkmenistan, which is 13.70 percent less than in July 2019.

Turkey's export of chemical products to the world markets decreased by 13.4 percent from January through July 2020 compared to the same period of last year and stood at slightly over $10.1 billion.

Turkey's chemical products exports amounted to 11.3 percent of the country’s total export for the reporting period.

"In July 2020, Turkey's export of chemical products to the world markets slightly exceeded $1.5 billion, which is 8.5 percent less compared to the same month of 2019," the ministry said.

Turkey's export of chemical products in July this year made up 10.5 percent of the country’s total export.

During the last 12 months (from July 2019 through July 2020), Turkey's export of chemical products to the world markets made up $19 billion.

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Follow the author on Twitter: @rhafizoglu

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