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Turkey’s export & import in FEZs for 9 months revealed (Exclusive)

World Materials 4 November 2019 16:58 (UTC +04:00)

Baku, Azerbaijan, Nov. 4

By Rufiz Hafizoglu - Trend:

From January through September 2019, Turkey’s exports to free economic zones (FEZs) decreased by 0.6 percent compared to the same period in 2018, amounting to $1.6 billion, a source in the Turkish Ministry of Trade told Trend on Nov. 4.

The ministry noted that imports from the FEZs also decreased by 9.8 percent compared to the reporting period in 2018, and amounted to $914.5 million.

“In September 2019, Turkish exports to the FEZs increased by 1.2 percent compared to the same period in 2018, amounting to $177.2 million,” the ministry said.

Turkey’s imports from the FEZs in September 2019 increased by 11.8 percent compared to September 2018, amounting to $105.2 million.

Turkey’s foreign trade turnover reached over $32.1 billion in September 2019.

The export of the Turkish goods to the Turkic-speaking countries grew by 0.08 percent and reached $15.2 billion in September 2019 compared to September 2018.

The import of goods by Turkey from the Turkic-speaking countries increased by 0.15 percent and reached $16.9 billion in September 2019 compared to September 2018, the ministry said.

From January through September 2019, Turkey’s total trade turnover amounted to over $286.4 billion.

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