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Turkey's cement export to US, int'l markets drops

Türkiye Materials 15 June 2020 13:26 (UTC +04:00)
Turkey's cement export to US, int'l markets drops

BAKU, Azerbaijan, June 15

By Rufiz Hafizoglu - Trend:

Export of cement from Turkey to the US dropped by 10.71 percent from January through May 2020 compared to the same period of 2019, having amounted to $160.6 million, Turkish Trade Ministry told Trend.

In May 2020, Turkey's cement export to the US decreased by 38.79 percent compared to the same month of 2019, making up $32.2 million.

In the first 5 months of 2020, cement export from Turkey to international markets declined by 6.9 percent compared to the same period of 2019, amounting to $1.3 billion.

Export of cement from Turkey makes up 2.3 percent of the country’s total export for the mentioned period.

In May 2020, Turkey exported over $250.3 million worth of cement to world markets, which is 29.3 percent less compared to the same month of 2019.

Turkey’s export of cement in May 2020 amounted to 2.5 percent of the country's total export.

From May 2019 through May 2020, Turkey exported cement worth $3.4 billion abroad.

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Follow the author on Twitter: @rhafizoglu

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