BAKU, Azerbaijan, Jan. 7
By Rufiz Hafizoglu - Trend:
Turkey’s export to Developing-8 countries (Organization for Economic Cooperation joining Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria and Pakistan) increased by 4.7 percent from January through November 2019 compared to the preceding year and amounted to $6.9 billion, Trend reports referring to Turkey’s Ministry of Trade.
In November 2019, Turkey’s export to D-8 countries dropped by 1.1 percent compared with November 2018, amounting to $646.9 million, the ministry said.
In the first 11 months of 2019, import to Turkey from D-8 countries dropped by 32.8 percent compared to the same period of 2018, amounting to $8.58 billion, a source in the ministry said.
In November 2019, Turkey’s import from D-8 countries dropped by 24.3 percent, amounting to $596.9 million, the source said.
Turkey’s foreign trade amounted $33.2 billion in November last year. During this month, Turkey’s export increased by 0.1 percent compared to November 2018, amounting to $15.5 billion.
In turn, import to Turkey increased by 9.7 percent compared with November 2018, and reached $17.7 billion.
From January through November 2019, Turkey’s foreign trade amounted to $340.5 billion.
---
Follow the author on Twitter: @rhafizog
