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Turkey, Iraq trade turnover increases

Türkiye Materials 21 January 2020 12:03 (UTC +04:00)
Turkey, Iraq trade turnover increases

BAKU, Azerbaijan, Jan. 21

By Rufiz Hafizoglu - Trend:

Turkey’s trade with Iraq increased by $353.8 million in November 2019 compared to the same month of 2018, exceeding $1.2 billion, Turkey’s Ministry of Trade told Trend on Jan. 21.

In November 2019, Turkey’s export to Iraq amounted to $955.9 million, and import from Iraq to 292.3 million.

Trade between these countries increased by $1.3 billion from January through November 2019 compared to the same period of 2018, reaching $10.3 billion.

During this period, Turkey’s export to Iraq amounted to $8.1 billion, and import from Iraq to $2.2 billion.

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

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 to the same month of 2018, and reached $17.7 billion.

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Follow the author on Twitter: @rhafizoglu

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