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Turkey-Turkmenistan trade turnover grows

Türkiye Materials 1 June 2020 16:35 (UTC +04:00)
Turkey-Turkmenistan trade turnover grows

BAKU, Azerbaijan, June 1

By Rufiz Hafizoglu – Trend:

Trade turnover between Turkey and Turkmenistan increased by $2.5 million in April 2020 compared to the same period last year, having stood at over $76.5 million, Turkish Trade Ministry told Trend on June 1.

"In April 2020, Turkey’s exports to Turkmenistan amounted to $69.6 million, and imports from Turkmenistan - $6.8 million," the ministry said.

In the first 4 months of 2020, trade turnover between Turkey and Turkmenistan exceeded $28.2 million compared to the same period last year, having made up $295.7 million.

"From January through April 2020, Turkey’s exports to Turkmenistan amounted to $229.6 million, and imports from Turkmenistan - $66.1 million," the ministry said.

Turkey's foreign trade turnover in April 2020 amounted to over $22.5 billion.

In the reporting month, Turkey's exports dropped by 41.4 percent compared to April 2019, having stood at $8.9 billion.

Meanwhile, imports of Turkey in April 2020 went down by 25 percent compared to April of last year and amounted to $13.5 billion.

According to the ministry, in the first 4 months of this year, Turkey’s trade turnover exceeded $120.8 billion.

“From January through April 2020, Turkish exports decreased by 13.7 percent compared to the same period in 2019, reaching $51.6 billion,” the ministry said.

It was also noted that Turkish imports grew by 1 percent compared to the same period in 2019, having amounted to $69.2 billion.

The foreign trade turnover of Turkey in 2019 made up $374.2 billion.

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