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Export of Turkey-made chemicals to world markets down

Turkey Materials 9 September 2020 12:29
Export of Turkey-made chemicals to world markets down

BAKU, Azerbaijan, Sept. 9

By Rufiz Hafizoglu - Trend:

The value of export of chemical products from Turkey to international markets dropped by 14 percent from January through August 2020, compared to the same period of 2019, making up $11.4 billion, the Turkish Ministry of Trade told Trend.

According to the ministry, Turkey’s export of chemicals made up 11.2 percent of the country’s overall export for the reporting period.

In August 2020, Turkey exported the chemicals worth over $1.3 billion to world markets, which is 15.6 percent less compared to the same period of 2019, the ministry said.

At the same time, the export of chemicals from Turkey to foreign market amounted to 11 percent of the overall export volume for the mentioned month.

Over the past 12 months (from August 2019 through August 2020), Turkey exported the chemicals worth over $18.7 billion abroad.

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Follow the author on Twitter: @rhafizoglu

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