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Turkey - Russia trade turnover increases

Türkiye Materials 19 February 2020 13:09 (UTC +04:00)
Turkey - Russia trade turnover increases

BAKU, Azerbaijan, Feb. 19

By Rufiz Hafizoglu - Trend:

The trade turnover between Turkey and Russia increased by $926.1 billion in 2019 compared to 2018 and exceeded $26.3 billion, Turkey’s Ministry of Trade told Trend on Feb. 19.

In 2019, Turkey's export to Russia amounted to $3.8 billion, and import from Russia amounted to $22.4 billion.

In December 2019, the trade turnover between Turkey and Russia also increased by $454.6 million compared to December 2018, and exceeded $2.5 billion.

In this month, Turkey’s export to Russia amounted to $372.1 million, and import from Russia amounted to $2.1 billion.

Turkey's export increased by 2.1 percent in 2019 and amounted to $171.5 billion compared to 2018. In the meantime, Turkey's import dropped by 9.1 percent and amounted to $202.7 billion.

Turkey’s foreign trade turnover in 2019 exceeded $374.2 billion.

In December 2019, export from Turkey increased by 6.4 percent compared to December 2018, exceeding $14.6 billion.

In this month, Turkey's import increased by 14.9 percent compared and reached $19 billion.

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Follow the author on Twitter: @rhafizoglu

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