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Export of leather from Turkey to Russia substantially drops

Türkiye Materials 11 June 2020 15:20 (UTC +04:00)
Export of leather from Turkey to Russia substantially drops

BAKU, Azerbaijan, June 11

By Rufiz Hafizoglu – Trend:

Turkey’s export of leather goods to Russia dropped by 40.34 percent from January through May 2020 compared to the same period of 2019, making up $45.8 million, the Turkish Ministry of Trade told Trend on June 11.

In May 2020, the export of leather goods from Turkey to Russia reduced by 85.57 percent compared to May 2019 and amounted to $2.3 million.

In the first five months of 2020, export of leather goods from Turkey to the international markets decreased by 28.7 percent compared to the same period of 2019 and made up $530.3 million.

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

Turkey exported the leather goods worth $61.4 million to the world markets in May 2020, which is 62.2 percent less compared to May 2019. In this month, Turkey’s leather export amounted to 0.6 percent of the country's total export.

From May 2019 through May 2020, Turkey exported the leather goods worth $1.4 billion.

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Follow the author on Twitter: @rhafizoglu

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