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Turkey's exports to BSEC countries grow

Türkiye Materials 4 April 2020 12:47 (UTC +04:00)
Turkey's exports to BSEC countries grow

BAKU, Azerbaijan, Apr. 4

By Rufiz Hafizoglu - Trend:

Turkey's export to the countries of the Organization of the Black Sea Economic Cooperation (BSEC) increased by 8.4 percent from January through February 2020 compared to the same period of 2019, and exceeded $3.3 billion, Trend reports referring to Turkish Trade Ministry on Apr. 4.

From January through February 2020, Turkey's export to the BSEC countries amounted to 12.2 percent of the country’s total export for the same period.

Turkey's export to the BSEC countries in February 2020 stood at $1.6 billion, which is 5.8 percent more compared to the same month of 2019.

“In February, Turkey's export to the BSEC countries amounted to 11.5 percent of the country’s total export for February 2020,” the ministry said.

According to the ministry, Turkey's import from the BSEC countries increased by 13.3 percent from January through February 2020, compared to same period of 2019, and amounted to $5.6 billion.

“Turkey's import from the BSEC countries made up 15.3 percent of the country’s total import from January through February 2020,” the ministry noted.

Turkey's import from the BSEC countries in February 2020 amounted to $2.5 billion, which is 5.8 percent more compared to the same month of 2019.

“In February, Turkey's import to the BSEC countries amounted to 14.6 percent of the country’s total import for February 2020,” the ministry added.

Turkey’s foreign trade turnover in February 2020 exceeded $32.2 billion.

In February 2020, export from Turkey increased by 2.3 percent compared to February 2019, exceeding $14.6 billion.

Turkey's import increased by 9.8 percent in February 2020 compared to the same month of 2019 and exceeded $17.6 billion.

From January through February 2020, Turkey’s trade turnover exceeded $66.1 billion.

During the reporting period, export from Turkey increased by 4.1 percent compared to the same period of 2019, reaching $29.3 billion. Meanwhile, Turkey’s import increased by 14.3 percent compared to the same period of 2019, exceeding $36.8 billion.

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