...

Turkey's trade with Turkmenistan shrinks in 2020

Türkiye Materials 18 February 2021 10:59 (UTC +04:00)
Turkey's trade with Turkmenistan shrinks in 2020

BAKU, Azerbaijan, Feb.18

Trend:

Turkey's trade with Turkmenistan in 2020 decreased by over $13.8 million compared to the previous year, making up $930 million, Trend reports on Feb.18 referring to the Turkish Ministry of Trade.

“Turkey's exports to Turkmenistan amounted to $720 million, and imports from Turkmenistan – $210 million,” the ministry said.

In December 2020, the trade turnover between the two countries was by over $10.7 million less than in the same month of 2019, amounting to over $74.8 million.

"The exports from Turkey to Turkmenistan made up over $55.8 million, and imports from Turkmenistan - $19 million," noted the ministry.

Turkey's foreign trade turnover made up over $388.8 billion in 2020.

In the reporting year, the country’s export decreased by 6.3 percent compared to 2019 and amounted to over $169.4 billion.

At the same time, imports of Turkey rose by 4.3 percent and made up almost $219.4 billion.

According to the ministry, Turkey’s foreign trade turnover in December 2020 amounted to $40.2 billion.

Meanwhile, the export of Turkey increased by 16 percent compared to December of the previous year, exceeding $17.8 billion. In this month, imports to Turkey grew by 11.6 percent and reached $22.38 billion.

Tags:
Latest

Latest