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Turkey-Azerbaijan trade turnover up by over $20M in August

Türkiye Materials 30 September 2019 16:55 (UTC +04:00)

Baku, Azerbaijan, Sept. 30

By Rufiz Hafizoglu - Trend:

In August 2019, the trade turnover between Turkey and Azerbaijan increased by $20.516 million compared to the same period last year, and amounted to $163.885 million, Trend reports referring to the Turkish Trade Ministry.

Turkish exports to Azerbaijan reached $138.423 million in monetary terms, while imports from Azerbaijan amounted to $25.462 million.

In the first eight months of 2019, trade turnover between Turkey and Azerbaijan increased by $15.432 million compared to the same period in 2018, and amounted to $1.250 billion.

During the reported period, Turkish exports to Azerbaijan reached $980.142 million, while imports from Azerbaijan amounted to only $270.543 million.

Turkey's foreign trade turnover in August 2019 amounted to $28.6 billion.

In August 2019, Turkish exports grew by 1.69 percent compared with August 2018 and amounted to $13.1 billion, while the imports decreased by 0.27 percent and amounted to $15.5 billion.

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Follow the author on Twitter: @rhafizoglu

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