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Turkey - Georgia trade turnover increases

Türkiye Materials 18 February 2020 12:36 (UTC +04:00)

BAKU, Azerbaijan, Feb. 18

By Rufiz Hafizoglu - Trend:

The trade turnover between Turkey and Georgia increased by $89.7 million in 2019 compared to 2018, and exceeded $1.6 billion, Turkey’s Ministry of Trade told Trend on Feb. 18.

Turkey's export to Georgia amounted to $1.4 billion, and import from Georgia to $215.7 billion.

In December 2019, the trade turnover between Turkey and Georgia increased by $22.1 million compared to December 2018, amounting to $155.4 million.

In this month, Turkey’s export to Georgia amounted to $140.9 million, and import from Georgia amounted to $14.5 million.

Turkey’s foreign trade turnover in 2019 exceeded $374.2 billion.

Turkey's export increased by 2.1 percent in 2019 and amounted to $171.5 billion compared to 2018. In the meantime, Turkey's import dropped by 9.1 percent and amounted to $202.7 billion.

In December 2019, export from Turkey increased by 6.4 percent compared to December 2018, exceeding $14.6 billion.

In this month, Turkey's import increased by 14.9 percent compared and reached $19 billion.

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Follow the author on Twitter: @rhafizoglu

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