(MENAFN- Trend News Agency) BAKU, Azerbaijan, Jan. 23
By Rufiz Hafizoglu – Trend:
Turkey's export of cars to Turkmenistan increased by 3.8 percent from January through December 2019 compared to the same period of 2018, amounting to $23.7 million, Turkey's Ministry of Trade told Trend .
In December 2019, export of cars from Turkey to Turkmenistan dropped by 29.5 percent compared to December 2018, amounting to $1.8 million, a source in the ministry said.
Turkey's export of cars decreased by 3.1 percent in 2019 compared to the same period of 2018, amounting to $30.5 billion.
In turn, export of cars from Turkey increased by 2.9 percent in December 2019 compared to the same month of 2018, amounting to $2.5 billion or 16.5 percent of Turkey's total export, the ministry said.
Turkey's foreign trade amounted to $33.2 billion in November 2019.
In November 2019, Turkey's export increased by 0.1 percent compared to November 2018, amounting to $15.5 billion. During this month, Turkey's import increased by 9.7 percent compared to the same month of 2018, and reached $17.7 billion.
Turkey's foreign trade amounted to $340.5 billion from January through November 2019.
Turkey ranks sixth in Europe on car production. Ford, Fiat, Renault, Toyota, Honda, Opel, Hyundai, Mercedes-Benz and MAN are assembled in Turkey. Turkey also manufactures local brands of buses such as BMC, Temsa and Otokar.
Follow the author on Twitter: @rhafizoglu
MENAFN2301202001870000ID1099592930
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.