Turkey-Turkmenistan trade turnover grows


(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 7

By Rufiz Hafizoglu – Trend:

Trade turnover between Turkey and Turkmenistan increased by $2.5 million in April 2020 compared to the same period last year, having stood at over $76.5 million, Turkish Trade Ministry told Trend .

"In April 2020, Turkey's exports to Turkmenistan amounted to $69.6 million, and imports from Turkmenistan - $6.8 million," the ministry said.

In the first 4 months of 2020, trade turnover between Turkey and Turkmenistan exceeded $28.2 million compared to the same period last year, having made up $295.7 million.

"From January through April 2020, Turkey's exports to Turkmenistan amounted to $229.6 million, and imports from Turkmenistan - $66.1 million," the ministry said.

Turkey's foreign trade turnover in April 2020 amounted to over $22.5 billion.

In the reporting month, Turkey's exports dropped by 41.4 percent compared to April 2019, having stood at $8.9 billion.

Meanwhile, imports of Turkey in April 2020 went down by 25 percent compared to April of last year and amounted to $13.5 billion.

According to the ministry, in the first 4 months of this year, Turkey's trade turnover exceeded $120.8 billion.

"From January through April 2020, Turkish exports decreased by 13.7 percent compared to the same period in 2019, reaching $51.6 billion," the ministry said.

It was also noted that Turkish imports grew by 1 percent compared to the same period in 2019, having amounted to $69.2 billion.

The foreign trade turnover of Turkey in 2019 made up $374.2 billion.

---

Follow the author on Twitter: @rhafizoglu

MENAFN0706202001870000ID1100284527


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.