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Turkey - US trade turnover increases

Türkiye Materials 15 April 2020 11:08 (UTC +04:00)
Turkey - US trade turnover increases

BAKU, Azerbaijan, Apr. 15

By Rufiz Hafizoglu - Trend:

The trade turnover between Turkey and US increased by $296.2 million in February 2020 compared to the same month of 2019, exceeding $1.7 billion, Trend reports citing the Turkish Trade Ministry.

In February 2020, Turkey’s export to US amounted to $662 million, while import from US - $1.5 billion.

From January through February 2020, trade turnover between Turkey and US increased by $758.6 million compared to the same period of 2020, exceeding $3.5 billion.

During the reporting period, export from Turkey to US amounted to $1.3 billion, while import from US - $2.2 billion.

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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