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Uzbekistan’s import of steel from Turkey down

Türkiye Materials 21 September 2020 13:45 (UTC +04:00)
Uzbekistan’s import of steel from Turkey down

BAKU, Azerbaijan, Sept. 21

By Rufiz Hafizoglu - Trend:

The export of steel from Turkey to Uzbekistan decreased by 48.20 percent from January through August 2020, compared to the same period of 2019, having reached $21 million, the Turkish Trade Ministry told Trend on Sept. 21.

In August 2020, Turkey exported steel worth $2.3 million to Uzbekistan, which is 56.96 percent less than in the same month of last year.

Export of steel from Turkey to the world markets decreased by 16.1 percent from January through August 2020, compared to the same period of 2019, amounting to $7.9 billion.

The ministry said that Turkey’s export of steel made up 7.7 percent of the country's total export over the reporting period.

In August 2020, Turkey exported the steel worth $878.4 million to the world markets, which is 13.5 percent less compared to August 2019, the ministry noted.

At the same time, Turkey’s export of steel in August 2020 accounted for seven percent of the country's total export volume.

Over the past 12 months (from August 2019 through August 2020), Turkey exported steel worth over $12.3 billion to the world markets.

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Follow the author on Twitter: @rhafizoglu

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