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Uzbekistan's steel import from Turkey drops sharply

Türkiye Materials 20 July 2020 14:12 (UTC +04:00)
Uzbekistan's steel import from Turkey drops sharply

BAKU, Azerbaijan, July 20

By Rufiz Hafizoglu - Trend:

The volume of steel export from Turkey to Uzbekistan massively dropped by 49.71 percent from January through June 2020 compared to the same period of 2019, having stood at $15 million, Turkey’s Trade Ministry told Trend.

In June 2020, Turkey’s steel export to Uzbekistan declined by 7.06 percent compared to June 2019 and amounted to $2.8 million.

In the first six months of this year, the steel export from Turkey to world markets decreased by 16.6 percent compared to the same period of last year, amounting to $5.9 billion.

Turkey’s steel export accounted for 8 percent of the country's total exports during this period.

In June 2020, Turkey exported the steel in the amount of $1.1 billion to international markets, which is 28.6 percent more compared to the same month of 2019. In this month, the country’s steel export accounted for 8.4 percent of its total exports.

From June 2019 through June 2020, Turkey exported the steel worth over $12.6 billion abroad.

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Follow the author on Twitter: @rhafizoglu

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