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Turkey`s trade with Iraq increases by $359.4M

Türkiye Materials 10 December 2019 16:50 (UTC +04:00)
Turkey`s trade with Iraq increases by $359.4M

BAKU, Azerbaijan, Dec. 10

By Rufiz Hafizoglu – Trend:

In October of this year, Turkey’s trade with Iraq grew by $359.4 million compared with October last year, exceeding $1.2 billion, Turkey's Ministry of Customs and Trade told Trend.

In October of 2019, Turkey`s export to Iraq amounted to $873.7 million, while import from Iraq - $406.6 million, the ministry said.

From January through October, 2019, Turkey`s trade with Iraq grew by $987.3 million compared with the same period of 2018, amounting to $9 billion.

In the same period, Turkey`s export to Iraq amounted to $7.1 billion, and import from Iraq - $1.4 billion, the ministry said.

Meanwhile, the external trade of Turkey in October 2019, amounted to $34.5 billion.

For this period, Turkey's export dropped by 1.53 percent compared with October 2018, and reached $18.1 billion.

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Follow the author on Twitter: @rhafizoglu

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