Despite Covid-19, Russia-Turkey 2020 Bilateral Trade Is Up 9%
Trade turnover between Turkey and Russia increased by US$81.6 million in February 2020 compared to the same month of 2019, exceeding US$1.9 billion, according to the Turkish Ministry for Trade. During the two months January and February 2020, trade turnover between Turkey and Russia increased by US$381.1 million compared to the same period of 2019, exceeding US$4.2 billion.
Turkey’s overall foreign trade reached US$374.2 billion last year. Turkey’s mandarin orange harvest had a boost this year with exports to Russia up 49% in the face of increased demand. Russia is Turkey’s primary energy supplier.
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