BAKU / Trend / – In January-March 2020, Turkish exports to the countries of the Organization of Islamic Cooperation (OIC) decreased by 3.5% compared to the same period in 2019, exceeding 11,401,099 thousand.
This has been reported Trend Monday at the Turkish Ministry of Commerce.
Exports to OIC countries in January-March accounted for 26.7% of Turkey's total exports for the same period in 2020.
In March 2020, Turkish exports to OIC countries decreased by 22.3% compared to March 2019, reaching $ 3,484,916.
During this period, exports to OIC countries accounted for 26% of Turkey's total exports for the same period in 2019.
According to the agency, Turkish imports from OIC countries in January-March 2020 increased by 6.3% compared to the same period in 2019, reaching $ 699,93665,000.
Imports from OIC countries during this period accounted for 12.6% of total imports from Turkey in January-March 2020.
Turkish imports from OIC countries in March 2020 decreased by 17.6% compared to March 2019, reaching 1880994 thousand dollars.
In March 2020, this figure represented 10% of Turkey's total imports.
It should be noted that Turkey's foreign trade turnover in March 2020 amounted to 32,235 million dollars.
Turkish exports during this period decreased 17.8% from March 2019 to $ 13,422 million.
Turkish imports in March 2020 increased by 3.1% compared to the same period last year and amounted to 18.813 billion dollars.
In January-March 2020, Turkey's trade amounted to $ 98,404 billion.
At the end of this period, Turkey's exports decreased by 4% compared to the same period in 2019, reaching $ 42.749 million.
In January-March 2020, Turkish imports increased 10.3% from the same period in 2019, reaching $ 55.655 million.
Note that Turkey's foreign trade turnover in 2019 amounted to $ 374.236 billion.
(Author: Rufiz Hafizoglu)
Twitter: @rhafizoglu