BAKU, Azerbaijan, Oct. 3
By Rufiz Hafizoglu – Trend:
The trade turnover between Turkey and Azerbaijan increased by $3.1 million in Aug. 2020 compared to Aug. 2019, exceeding $166.9 billion, the Turkish Trade Ministry told Trend.
"The export from Turkey to Azerbaijan amounted to $145.1 million while import from Azerbaijan - $21.8 million in Aug. 2020," the ministry said.
The trade turnover between Turkey and Azerbaijan increased by $50.2 million from Jan. through Aug. 2020 compared to the same period of last year, amounting to $1.3 billion.
"Export of Turkey to Azerbaijan amounted to $1.09 billion while import from Azerbaijan - $210 million from Jan. through Aug. 2020," the ministry said.
Turkey's foreign trade turnover amounted to $31.2 billion in August 2020.
According to the ministry, Turkey's exports during the reporting month decreased by 5.7 percent compared to the same month of 2019, amounting to $12.4 billion.
At the same time, Turkey's imports increased by 20.4 percent over the year and amounted to $18.7 billion.
In the first eight months of 2020, the trade turnover of Turkey amounted to $237.6 billion.
Turkey's exports for the reporting period decreased by 12.9 percent compared to the same period of 2019, amounting to $102.3 billion, the ministry said.
From January through August 2020, Turkey's imports decreased by 1.2 percent compared to the same period of 2019, amounting to $135.3 billion.
Turkey's foreign trade turnover in 2019 amounted to $374.2 billion.
