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Trade turnover between Turkey and BSEC countries down

Türkiye Materials 1 October 2019 15:12 (UTC +04:00)

Baku, Azerbaijan, Oct. 1

By Rufiz Hafizoglu - Trend:

In January-August 2019, Turkey's trade turnover with the countries of the Organization of the Black Sea Economic Cooperation (BSEC) decreased by $858.166 million compared to the same period of 2018 and reached $33.218 billion, the Turkish Ministry of Trade told Trend on Oct. 1.

“The export of goods by Turkey to the BSEC countries amounted to $11.991 billion, which is 5.2 percent more compared to the same period of 2018,” the ministry said.

"The import of goods by Turkey from the BSEC countries amounted to $21.227 billion in January-August 2019, which is 6.4 percent less compared to the same period of 2018," the ministry said.

In August 2019, Turkey's trade turnover with the BSEC countries amounted to $4.05 billion.

"The export of goods by Turkey to the BSEC countries amounted to $1.411 billion, and import of goods by Turkey from these countries totaled $2.639 billion," the ministry said.

Turkey's foreign trade turnover amounted to $28.6 billion in August 2019.

In August 2019, Turkish exports grew by 1.69 percent and amounted to $13.1 billion, while the imports decreased by 0.27 percent and amounted to $15.5 billion compared to August 2018.

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