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Georgia reduces import of electrical goods from Turkey

Turkey Materials 30 September 2020 13:21
Georgia reduces import of electrical goods from Turkey

BAKU, Azerbaijan, Sept.30

By Rufiz Hafizoglu – Trend:

The value of the export of electrical goods from Turkey to Georgia dropped by 27.13 percent in the past eight months of 2020, compared to the same period of 2019, making up $49.6 million, the Turkish Trade Ministry told Trend.

The ministry said that Turkey’s export of electrical goods to Georgia in August 2020 decreased by 17.83 percent compared to August 2019, having equaled $7.26 million.

The export of electrical goods from Turkey to international markets declined by 8.7 percent in the past eight months of 2020, compared to the same period of 2019, amounting to slightly over $6.5 billion.

Turkey’s export of electrical products amounted to 6.4 percent of the country's total export over the reporting period.

In August 2020, Turkey exported the electrical goods worth $852.9 million to foreign markets, which is 0.6 percent more compared to the same month of 2019.

Meanwhile, Turkey’s export of electrical products made up 6.8 percent of the country's total export.

Over the past 12 months (from August 2019 through August 2020, Turkey exported the electrical goods in the amount of over $10.6 billion abroad.

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