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Turkey-US trade turnover declines

Türkiye Materials 9 January 2020 09:29 (UTC +04:00)

BAKU, Azerbaijan, Jan. 9

By Rufiz Hafizoglu - Trend:

The trade turnover between Turkey and the US, though have exceeded $1.4 billion, decreased by over $436.2 million in November 2019, compared to November 2018, Trend reports referring to the Turkish Trade Ministry.

Turkey's exports to the US amounted to over $673.3 million in November 2019, while imports from the US exceeded $802.3 million.

The Turkey-US trade turnover decreased by over $1.2 billion in the first 11 months of 2019, compared to the same period in 2018, having amounted to over $17.6 billion.

Also, from January through November 2019, Turkish exports to the US amounted to $7.4 billion, while imports the US exceeded $10.2 billion.

Turkey's foreign trade turnover amounted to over $33.2 billion in November 2019.

Turkish exports grew by 0.1 percent in November 2019, compared to November 2018, having amounting to just over $15.5 billion.

Turkey's imports increased by 9.7 percent in November 2019, compared to the same month of 2018, and exceeded $17.7 billion.

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Follow the author on Twitter: @rhafizoglu

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