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Turkey increases vehicles export to Azerbaijan

Türkiye Materials 9 March 2020 10:47 (UTC +04:00)
Turkey increases vehicles export to Azerbaijan

BAKU, Azerbaijan, March 9

By Rufiz Hafizoglu - Trend:

Turkey's car exports to Azerbaijan increased by 76.2 percent in first two months of 2020 compared to the same period of 2019 and amounted to $17 million, Turkish Ministry of Trade told Trend.

The total value of Turkey's car exports to Azerbaijan exceeded $6.2 million in February 2020, which is 31 percent more compared to February 2019, the ministry said.

The monetary value of Turkey's car exports to the world market amounted to just over $4.9 billion from January through February 2020, having grown by 1 percent, compared to the same period of 2019.

According to the ministry, car exports accounted for 16.7 percent of Turkey's total exports during the reporting period of 2020.

The monetary value of Turkey's total car exports exceeded $2.5 billion in February 2020, which is 0.9 percent more compared to the same month of 2019.

According to the ministry, car exports accounted for 17.2 percent of Turkey's total exports in February 2020.

Turkey's export of cars from February 2019 through February 2020 amounted to over $30.6 billion.

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Follow the author on Twitter: @rhafizoglu

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