BAKU, Azerbaijan, August 12. Türkiye increased exports of steel products to the United Arab Emirates by 14.1 percent ($46.6 million) from January through July 2023 compared to the same period last year, the Turkish Ministry of Trade said, Trend reports.
Türkiye reduced steel exports to the UAE by 15.3 percent ($4.1 million) in July compared to the same month in 2022.
In addition, exports of Turkish steel products decreased by 37.8 percent and reached $8.3 billion from January through July 2023 compared to the same period last year.
Türkiye exported $1.2 billion worth of steel products in July this year, which is 27.2 percent less than in July last year.
In general, Türkiye has exported $16 billion worth of steel products over the past 12 months (from July 2022 through July 2023).