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Kyrgyzstan sharply increases steel import from Turkey

Türkiye Materials 14 April 2020 14:39 (UTC +04:00)
Kyrgyzstan sharply increases steel import from Turkey

BAKU, Azerbaijan, Apr. 14

By Rufiz Hafizoglu - Trend:

Turkey’s export of steel to Kyrgyzstan increased by 89.8 percent from January through March 2020 compared to the same period of last year, making up $324,000, Turkey’s Ministry of Trade told Trend on April 14.

“Turkey’s export of steel to Kyrgyzstan in March 2020 amounted to $28,000, which is over 42.5 percent less compared to March 2019,” the ministry said.

In 1Q2020, 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 made up 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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