BAKU, Azerbaijan, June 8
By Rufiz Hafizoglu - Trend:
Export of steel from Turkey to France dropped by 13.41 percent from January through May 2020 compared to the same period of 2019, making up $59.2 million, Turkey’s Ministry of Trade told Trend.
In May 2020, Turkey’s steel export to France grew by 6.44 percent, compared to May 2019, surpassing $11.8 million.
In the first 5 months of 2020, steel exports from Turkey to the international markets reduced by 22.9 percent compared to the same period of 2019, amounting to $4.8 billion.
The export of steel from Turkey made up 7.9 percent of the country's total export over the reporting period.
In May 2020, Turkey exported steel to the world markets in the amount of $817.7 million, which is 39.7 percent less compared to the same month of 2019. Meanwhile, Turkey’s steel export amounted to 8.2 percent of the country's total export.
From May 2019 through May 2020, Turkey exported steel in the amount of over $12.3 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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