Turkmenistan slightly reduces import of defense industry products from Turkey
BAKU, Azerbaijan, Feb. 21
By Rufiz Hafizoglu – Trend:
Turkmenistan reduced import of defense industry products from Turkey, Turkey’s Ministry of Trade told Trend on Feb. 21.
According to the ministry, in January 2020, Turkmenistan’s import of defense industry products from Turkey amounted to $2,900, which is 3.93 percent less compared to January 2019.
In 2019, Turkmenistan’s import of defense industry products from Turkey amounted to $791,510, which is 2.1 times more compared to 2018.
In January 2020, Turkey’s export of defense industry products dropped by 4.3 percent compared to the same month of 2019, amounting to $166.9 million or 1.1 percent of country’s total export.
Turkey’s foreign trade turnover in 2019 exceeded $374.2 billion.
Turkey's export increased by 2.1 percent in 2019 and amounted to $171.5 billion compared to 2018, while Turkey's import dropped by 9.1 percent and amounted to $202.7 billion.
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