BAKU, Azerbaijan, July 22
By Rufiz Hafizoglu - Trend:
The trade turnover between Turkey and China in May 2020 grew by $5.8 million compared to the same month of last year, having exceeded $1.9 billion, Turkish Trade Ministry told Trend on July 21.
In May 2020, Turkey’s export to China made up $184.5 million, and import from China - $1.7 billion, the ministry said.
During the first five months of 2020, trade turnover between Turkey and China rose by $520.5 million compared to the same period in 2019, exceeding $8.9 billion.
From January through May 2020, Turkey’s export to China amounted to $932.5 million, while import from China – to $7.9 billion, noted the ministry.
Turkey's foreign trade turnover in May 2020 amounted to over $23.3 billion.
In the reporting month, Turkey's exports dropped by 40.9 percent compared to May 2019, having stood at over $9.9 billion.
Meanwhile, imports of Turkey in May 2020 went down by 27.8 percent compared to May 2019 year and amounted to $13.3 billion.
According to the ministry, in the first five months of this year, Turkey’s trade turnover made up $144.1 billion.
From January through May 2020, Turkish exports decreased by 19.7 percent compared to the same period in 2019, having amounted to $61.5 billion, the ministry said.
Turkish imports dipped by 5.2 percent compared to the same period in 2019, having made up $82.5 billion.
The foreign trade turnover of Turkey in 2019 made up $374.2 billion.
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