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Turkey - Israel trade turnover declines

Türkiye Materials 14 April 2020 12:57 (UTC +04:00)

BAKU, Azerbaijan, Apr. 14

By Rufiz Hafizoglu - Trend:

The trade turnover between Turkey and Israel dropped by $67.6 million in February 2020 compared to the same month of 2019, amounting to $494.9 million, Trend reports citing the Turkish Trade Ministry.

In February 2020, Turkey’s export to Israel amounted to $375.6 million, while import from Israel - $119.3 million.

From January through February 2020, trade turnover between Turkey and Israel dropped by $2.1 million compared to the same period of 2020, amounting to $976.7 million.

During the reporting period, export from Turkey to Israel amounted to $742.8 million, while import from Israel - $233.8 million.

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

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. Meanwhile, Turkey’s export increased by 4.1 percent compared to the same period of 2019, reaching $29.3 billion.

Over the reporting period, Turkey’s import increased by 14.3 percent compared to the same period of 2019, amounting to $36.8 billion.

The foreign trade turnover of Turkey exceeded $374.2 billion in 2019.

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Follow the author on Twitter: @rhafizoglu

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