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Turkey's steel exports to Russia, Georgia exceed $166M

Türkiye Materials 21 November 2019 12:55
Turkey's steel exports to Russia, Georgia exceed $166M

BAKU, Azerbaijan, Nov. 21

By Rufiz Hafizoglu - Trend:

From January through October 2019, Turkey's steel exports to Russia and Georgia exceeded $166.1 million in monetary terms, Trend reports referring to Turkish Trade Ministry.

According to the ministry, in the first ten months of 2019, the value of Turkey's steel exports to Russia increased by 17.72 percent, compared to the same period in 2018, and slightly exceeded $62.2 million.

In October 2019, steel exports from Turkey to Russia increased 1.08 times, compared to October 2018, and amounted to over $9.2 million.

In the first ten months of 2019, Turkey's steel exports to Georgia decreased by 3.71 percent, compared to the same period in 2018, and amounted to just over $103.9 million.

In October 2019, steel exports from Turkey to Georgia increased by 16.98 percent, compared to October 2018, and exceeded $13.1 million.

In the first ten months of 2019, Turkey's steel exports decreased by 5.3 percent, compared to the same period in 2018, amounting to $11.7 billion.

The export of Turkish steel decreased by 21.2 percent in October 2019 compared to October 2018 and reached $1.1 billion, which accounts for 7.2 percent of Turkey’s total export.

The export of steel increased by 1.4 percent and amounted to $14.8 billion from October 2018 through October 2019 compared to the same period in 2017-2018.

From January through October 2019, Turkish export grew by 1.6 percent and reached $137 billion compared to the same period of 2018.

Turkish export decreased by 0.3 percent and reached $15.2 billion in October 2019 compared to October 2018.

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Follow the author on Twitter: @rhafizoglu

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