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Turkey’s foreign trade in October 2019 exceeds $34B

Türkiye Materials 29 November 2019 17:13
Turkey’s foreign trade in October 2019 exceeds $34B

BAKU, Azerbaijan, Nov. 29

By Rufiz Hafizoglu - Trend:

Turkey’s foreign trade in October 2019 amounted to $34.5 billion, a source in the Turkish Ministry of Trade told Trend Nov. 29.

During the reporting period, Turkish exports decreased by 1.5 percent compared to October 2018, and amounted to $16.3 billion.

“In October 2019, imports to Turkey increased by 10.7 percent compared to the corresponding month of 2018 and reached $18.7 billion,” the ministry said.

During this period, Turkey imported mineral fuel worth $3.2 billion, equipment and machinery worth $2 billion, electrical goods worth $1.4 billion, steel and cast iron worth $1 billion.

“The remaining share of imports - $10.3 billion – accounted for other types of products,” the ministry said.

The ministry noted that Turkey exported vehicles worth $2.4 billion, equipment and machinery worth $1.5 billion during the reporting period.

“The remaining $12.2 billion accounted for the export of other types of goods,” the ministry said.

From January through October, Turkey’s foreign trade amounted to $320.9 billion.

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