Turkey’s Exports to Islamic Countries Decreased by 20%

Turkey's Exports to Islamic Countries Decreased by 20%

Turkey's Exports to Islamic Countries Decreased by 20%

 

Turkey’s Ministry of Commerce declared that Turkey’s exports to OIC member states decreased by 20% from January to May 2020 compared to the same period in 2019 and reached $ 16.5 billion.

 According to the semi-official Tasnim news agency, quoted from Manafin, the Turkey’s Ministry of Commerce announced that Turkey’s exports to OIC member states from January to May 2020 decreased by 20% compared to the same period in 2019 and reached 16.5 billion dollars.

According to the Turkey’s Ministry of Commerce, exports to OIC member states in this period accounted for 26.9% of Turkey’s total exports in 2020.

Turkey’s exports to these countries decreased by 46.3% compared to May 2019 and reached $ 2.4 billion. Exports to OIC member was 24.9% of Turkey’s total exports in May 2020.

The Turkey’s Ministry of Commerce reported that the Turkey’s imports from OIC member countries decreased by 9.3% from January to May 2020. Turkey’s imports from these countries accounted for 12.7% of the country’s total imports during this period.

 In May 2020, Turkey imported 21.1% less than the same month last year, which barely reached $ 2 billion; 15.2% of Turkey’s total imports this month were from OIC member states.

Turkey’s foreign trade in May 2020 was more than $ 23.3 billion.

Turkey’s exports decreased 40.9% this month from May 2019 and reached $ 9.9 billion. Turkey’s imports this month fell 27.8 % compared to the last year and reached $ 13.3 billion.

According to the Turkey’s Ministry of Commerce, the total trade volume of the country in the first five months of this year was $144.1 billion.

Turkey’s exports fell 19.7% in the first five months of this year and reached $ 61.5 billion.

 Turkey’s total foreign trade in 2019 was equal to 374.2 billion dollars.

Suggest

import kimia dateskimia dates supplierkimia dates price
Kimia DatesPiarom DatesRabbi Dates
Shahani DatesSayer DatesZahedi Dates
Kabkab Datesbuy kimia dateskimia gold company
Rate this post

Table of Contents

Share on facebook
Share on twitter
Share on whatsapp
Share on email
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!