BAKU, Azerbaijan, June 24
By Rufiz Hafizoglu – Trend:
Exports of mining industry products from Turkey to Iran substantially dropped by 67.29 percent from January through May 2020, compared to the same period of 2019, having stood at $9.4 million, Turkey’s Ministry of Trade told Trend.
In May 2020, exports of mining products from Turkey to Iran massively dropped by 80.47 percent, compared to May 2019 and amounted to $1.3 million.
In the first 5 months of 2020, export of mining products from Turkey to the world market dropped by 15.1 percent compared to the same period of 2019. In this period, Turkey’s export of mining products made up 2.5 percent of the country’s total exports.
In May 2020, Turkey exported $272.7 million worth of mining products to the foreign markets, which is 40.5 percent less compared to the same month of the previous year.
The country’s export of mining products accounted for 2.7 percent of its total exports in the reporting month.
According to the ministry, from May 2019 through May 2020, Turkey exported over $4 million worth of mining industry products to the international markets.
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