Turkey-Iran trade turnover heavily down in April
The trade turnover between Turkey and Iran in April 2020 decreased by over $638 million compared to the same month of last year, having made $74.5 million, Turkish Trade Ministry told Trend on June 9.
"In April 2020, Turkey’s export to Iran amounted to $55.1 million, and import from Iran - $19.4 million," the ministry said.
At the same time, in the first 4 months of this year, trade turnover between Turkey and Iran declined by over $2.1 billion compared to the same period of 2019, having stood at $723.5 million.
"From January through April 2020, Turkey’s export to Iran amounted to $434.4 million, and import from Iran – $289.1 million," the ministry said.
Turkey's foreign trade turnover in April 2020 amounted to over $22.5 billion.
In the reporting month, Turkey's exports dropped by 41.4 percent compared to April 2019, having stood at $8.9 billion.
Meanwhile, imports of Turkey in April 2020 went down by 25 percent compared to April of last year and amounted to $13.5 billion.
According to the ministry, in the first 4 months of this year, Turkey’s trade turnover exceeded $120.8 billion.
"From January through April 2020, Turkish exports decreased by 13.7 percent compared to the same period in 2019, reaching $51.6 billion," the ministry said.
It was also noted that Turkish imports grew by 1 percent compared to the same period in 2019, having amounted to $69.2 billion.
The foreign trade turnover of Turkey in 2019 made up $374.2 billion.
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