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Iran sharply lowers import of leather products from Turkey

Türkiye Materials 21 May 2020 15:38 (UTC +04:00)

BAKU, Azerbaijan, May 21

By Rufiz Hafizoglu – Trend:

Export of leather goods from Turkey to Iran slumped by 82.3 percent from January through April 2020 compared to the same period of 2019 and amounted to slightly over $1 million, Turkey’s Ministry of Trade told Trend on May 21.

In April 2020, the export of leather goods from Turkey to Iran went down by 74.3 percent compared to April 2019, making up $443,000.

From January through April of this year, export of leather goods from Turkey to world markets slid by 19.2 percent compared to the same period of 2019 and amounted to $469.4 million.

The export of leather goods from Turkey made up 0.9 percent of the country's total export over the reporting period.

In April 2020, Turkey exported the leather goods worth over $54.4 million to the world markets, which is 61.6 percent less compared to the same month of 2019. Meanwhile, Turkey’s leather export amounted to 0.6 percent of the country's total export.

During the last twelve months (from April 2019 through April 2020), Turkey exported the leather goods in the amount of over $1.5 billion.

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Follow the author on Twitter: @rhafizoglu

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