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Turkey's cement export in 1Q2020 grows

Türkiye Materials 6 April 2020 10:27 (UTC +04:00)
Turkey's cement export in 1Q2020 grows

BAKU, Azerbaijan, Apr. 6

By Rufiz Hafizoglu - Trend:

Turkey’s export of cement to world markets increased by 9.6 percent from January through March 2020 compared to the same period of the last year, making up $915 million, Turkey’s Ministry of Trade told Trend on April 6.

According to the ministry, Turkey’s export of cement was 2.1 percent of the country’s total export for the reporting period.

“In March 2020, Turkey exported cement worth $317.5 million to world markets, which is 0.3 percent more compared to the same month of 2019,” the ministry said.

Turkey’s cement export share in the country’s total export made up 2.4 percent in March 2020.

In the last 12 months (from March 2019 through March 2020), Turkey exported cement in the amount of $3.5 billion.

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, export of 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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