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Turkey - Russia trade turnover heavily falls

Türkiye Materials 16 June 2020 16:21 (UTC +04:00)
Turkey - Russia trade turnover heavily falls

BAKU, Azerbaijan, June 16

By Rufiz Hafizoglu - Trend:

The trade turnover between Turkey and Russia in April 2020 dropped by $857.5 million compared to the same month of 2019, having stood at $1.2 billion, Turkey’s Ministry of Trade told Trend.

In April 2020, Turkey’s export to Russia made up $191.3 million, and import from Russia - $1 billion, the ministry said.

From January through April 2020, the trade turnover between Turkey and Russia reduced by $1 billion compared to the same period of 2019, having amounted to $7.1 billion.

In the first 4 months of 2020, Turkey’s export to Russia amounted to $1.2 billion, while import from Georgia – $5 billion, said the ministry.

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

In the reporting month, Turkey's export dropped by 41.4 percent compared to the same month of 2019, having stood at $8.9 billion. Meanwhile, import of Turkey went down by 25 percent over the year and amounted to $13.5 billion.

In the first 4 months of 2020, 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. 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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