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Turkey-Iraq trade turnover up by over $300M

Türkiye Materials 6 September 2019 12:26 (UTC +04:00)

Baku, Azerbaijan, Sept. 6

By Rufiz Hafizoglu - Trend:

In July 2019, Turkey's trade turnover with Iraq grew by $302.701 million, compared with the same period last year, and amounted to $1.145 billion, Trend reports referring to the Turkish Trade Ministry.

In July 2019, Turkey's exports to Iraq amounted to $769.537 million, while imports from Iraq equaled to $376.336 million.

In January-July 2019, trade turnover between Turkey and Iraq increased by $33.30 million compared to the same period in 2018, and amounted to $5.609 billion.

Moreover, in January-July 2019, Turkey's exports to Iraq amounted to $4.886 billion, while imports from Iraq reached only $722.775 million.

The total exports of Turkey in July 2019 increased by 7.9 percent compared to last year and amounted to $15.16 billion. At the same time, Turkey's imports decreased by 8.5 percent and amounted to $18.35 billion.

Turkey's foreign trade turnover in July 2019 amounted to $33.51 billion.

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Follow the author on Twitter: @rhafizoglu

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