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Turkey's steel export to Turkmenistan increases

Türkiye Materials 9 April 2020 19:17 (UTC +04:00)
Turkey's steel export to Turkmenistan increases

BAKU, Azerbaijan, Apr. 9

By Rufiz Hafizoglu - Trend:

Turkey’s export of steel to Turkmenistan increased by nearly 174 percent from January through March 2020 compared to the same period of the last year, making up $29.1 million, Turkey’s Ministry of Trade told Trend on April 9.

According to the ministry, Turkey’s export of steel to Turkmenistan in March 2020 exceeded $15.6 million, which is 284.6 percent more 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.

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Follow the author on Twitter: @rhafizoglu

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