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Turkish exports to Russia increase by 26 pct in first 2 months of 2020: report

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Turkey’s exports to Russia hit over $700 million in the first two months of the year, a 26 percent increase over the same period of 2019, according to the pro-government Daily Sabah.

More than 500,000 tons of products from 27 sectors were sold to Russia in January and February 2020, up from nearly 388,000 tons in the same period last year.

Those sales generated more than $700 million in revenue, up 26 percent year-on-year from just over $555 million, according to data from the Eastern Black Sea Exporters Association (DKİB) on Sunday.

Fresh fruits and vegetables led the way among exports to Russia at $149 million, while $104.4 million were exported in the same period of 2019, marking a 43 percent percent year-on-year increase.

Fresh produce was followed by automotive industry exports at $96 million, chemical materials and products at $68.6 million, machinery and equipment at $56.9 million and ready-to-wear apparel at $50.3 million, according to the data.

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