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Turkmen import of Turkey-made steel down for 5M2021

Business Materials 14 June 2021 09:26 (UTC +04:00)

BAKU, Azerbaijan, June 14

Trend:

The value of Turkish steel exports to Turkmenistan has declined from January through May 2021, Turkey's Ministry of Trade told Trend.

According to the ministry, this indicator amounted to over $32.8 million, down by 43.7 percent compared to the first five months of last year.

Turkey exported steel worth over $9.6 million to Turkmenistan in May 2021, which is by 4.3 percent less than in the same month of 2020, the ministry said.

Turkey as a whole has increased the export of steel by 48.9 percent from January through May 2021 compared to the same period of last year up to nearly $7.2 billion.

Turkey exported steel worth over $1.7 billion in May 2021, which is by 114 percent more than in the same month of 2020.

The export of Turkey’s steel reached $14.9 billion over the past 12 months (from May 2020 through May 2021).

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