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Export of Turkish electrical equipment to Turkmenistan declining

Economy Materials 19 July 2023 18:00 (UTC +04:00)
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, July 19. Türkiye's exports of electrical equipment to Turkmenistan decreased by 17.3 percent ($69.9 million) from January through June 2023 compared to the same period last year, Trend reports.

According to the Turkish Ministry of Commerce, the exports decreased in June 2023 alone by 27.3 percent ($13.9 million), year-on-year.

Meanwhile, export of Turkish electrical equipment increased by 8 percent ($7.9 billion) in the first half of 2023 compared to the same period in 2022.

In general, Türkiye exported $1.3 million worth of electrical equipment In June of this year, which is 1.2 percent less than in June last year.

Trade turnover between Türkiye and Turkmenistan from January through May 2023 amounted to $1.09 billion.

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