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Turkey - Russia trade increases

Türkiye Materials 16 January 2020 17:07 (UTC +04:00)
Turkey - Russia trade increases

BAKU, Azerbaijan, Jan. 16

By Rufiz Hafizoglu - Trend:

Turkey's trade with Russia increased by $298.4 million in November 2019 compared to the same month of 2018, exceeding $2.3 billion, Turkey's Ministry of Trade told Trend on Jan. 16.

At this time, Turkey's export to Russia amounted to $414.6 million, and import from Russia to $1.9 billion, a source in the ministry said.

Trade between Turkey and Russia increased by $471.4 million from January through November 2019 compared to the same period of 2018, reaching $23.7 billion, the source said.

Turkey's export to Russia amounted to $3.4 billion in the first 11 months of 2019, and import from Russia to $20.2 billion, the ministry said.

Turkey’s foreign trade amounted to $33.2 billion in November 2019.

In this month, Turkey’s export increased by 0.1 percent compared to November 2018, amounting to $15.5 billion.

Import to Turkey increased by 9.7 percent in November 2019 compared with the same month of 2018, and reached $17.7 billion.

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Follow the author on Twitter: @rhafizoglu

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