...

Turkey's export of steel to Uzbekistan drops in 1Q2020

Türkiye Materials 9 April 2020 12:45 (UTC +04:00)
Turkey's export of steel to Uzbekistan drops in 1Q2020

BAKU, Azerbaijan, Apr. 9

By Rufiz Hafizoglu - Trend:

Turkey’s export of steel to Uzbekistan increased by 49.4 percent from January through March 2020 compared to the same period of the last year, making up $8.3 million, Turkey’s Ministry of Trade told Trend on April 9.

According to the ministry, Turkey’s export of steel to Uzbekistan in March 2020 made up $2.3 million, which is 63.7 percent less compared to March 2019.

From January through March 2020, Turkey exported steel worth $3.1 billion to world markets, which is 15.1 percent less compared to the same period of 2019.

Turkey’s export of steel was 7.3 percent of the country’s total export for the first quarter of 2020.

In March 2020, Turkey exported steel worth $984.1 million to world markets, which is 24.4 percent less compared to the same month of 2019.

Turkey’s export of steel in March of this year was 7.3 percent of the country’s total export.

In the last 12 months (from March 2019 through March 2020), Turkey exported steel in the amount of $13.2 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.

---

Follow the author on Twitter: @rhafizoglu

Tags:
Latest

Latest