Turkey's export of wood, furniture to Azerbaijan increases
BAKU, Azerbaijan, May 27
By Rufiz Hafizoglu - Trend:
Export of wood and furniture from Turkey to Azerbaijan increased by 14.03 percent from January through April 2020 compared to the same period of 2019, exceeding $38.4 million, Turkey's Trade Ministry told Trend.
In April 2020, export of wood and furniture from Turkey to Azerbaijan dropped by 14.65 percent compared to the month of 2019, amounting to $8.5 million.
Export of wood and furniture from Turkey to world markets dropped by 5 percent from January 2020 through April 2020 and amounted to $1.6 billion. Over the reporting period, Turkey’s wood and furniture export amounted to 3.2 percent of the country’s total export.
In April 2020, Turkey’s export of wood and furniture to the world markets decreased by almost 28.6 percent compared to the same month of 2019, making up $340.4 million. Meanwhile, Turkey’s wood and furniture export amounted to 3.8 percent of the country's total export.
From April 2019 through April 2020, Turkey exported furniture and wood worth over $5.4 billion.
Turkey’s foreign trade turnover exceeded $32.2 billion in March 2020.
In March 2020, Turkey’s export decreased by 17.8 percent compared to the same month of 2019, amounting to $13.4 billion. Meanwhile, Turkey's import increased by 3.1 percent compared to the same month of 2019 and amounted to $18.8 billion.
From January through March 2020, Turkey’s trade turnover exceeded $98.4 billion.
During 1Q2020, export of Turkey dropped by 4 percent compared to the same period of 2019, amounting to $42.7 billion.
In the reporting period, Turkey’s import exceeded $55.6 billion, showing an increase of 10.3 percent over the year.
The foreign trade turnover of Turkey amounted to $374.2 billion in 2019.
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