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Turkey-Iraq trade turnover up by over $270M in September 2019 (Exclusive)

Türkiye Materials 14 November 2019 17:53
Turkey-Iraq trade turnover up by over $270M in September 2019 (Exclusive)

BAKU, Azerbaijan, Nov. 14

By Rufiz Hafizoglu - Trend:

In September 2019, the trade turnover between Turkey and Iraq increased by over $271.7 million, compared to September 2018, and exceeded $1.1 billion, Trend reports referring to the Turkish Trade Ministry.

In September 2019, Turkey's exports to Iraq exceeded $777.5 million, while imports from Iraq amounted to over $388.2 million.

From January through September 2019, Turkey - Iraq trade turnover increased by over $627.8 million compared to the same period in 2018, and amounted to slightly over $7.8 billion.

Moreover, in the first nine months of 2019, Turkey's exports to Iraq reached $6.3 billion, while imports from Iraq amounted to $1.5 billion.

Turkey’s foreign trade in September 2019 amounted to $32.1 billion.

In September 2019, Turkish exports grew by 0.08 percent compared to September 2018, and amounted to $15.2 billion.

Imports to Turkey increased by 0.15 percent and reached $16.9 billion.

From January through September, Turkey’s foreign trade amounted to $286.4 billion.

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Follow the author on Twitter: @rhafizoglu

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