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Iran's import of furniture from Turkey drops in 1Q2020

Türkiye Materials 27 April 2020 10:40 (UTC +04:00)
Iran's import of furniture from Turkey drops in 1Q2020

BAKU, Azerbaijan, Apr. 27

By Rufiz Hafizoglu - Trend:

Export of wood and furniture from Turkey to Iran decreased by 34.9 percent from January 2020 through March 2020 and amounted to $36.9 million, Trend reports citing the Turkish Trade Ministry on April 27.

In March 2020, Turkey’s export of wood and furniture to Iran dropped by 82.4 percent compared to March 2019, making up $3.4 million.

In 1Q2020, export of wood and furniture from Turkey to world markets increased by 3.9 percent compared to the same period of 2019, and amounted to $1.3 billion.

Meanwhile, Turkey’s wood and furniture export amounted to 3.1 percent of the country's total export.

In March 2020, Turkey exported wood and furniture worth $427.8 million to world markets, which is 9.3 percent less compared to the same month of 2019. Turkey’s export of wood and furniture amounted to 3.2 percent of the country's total export.

From March 2019 through March 2020, Turkey exported wood and furniture in the amount of over $5.5 billion.

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Follow the author on Twitter: @rhafizoglu

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