In February, the supply volume from Turkey to Russia decreased by a third to 670 million dollars, compared to 1 billion dollars in the same period of 2023. This is proven by: data Republic Ministry of Commerce.
According to the results of the first two months of 2024, Turkey’s exports to the Russian Federation were 1.29 billion dollars, while this figure was 2.04 billion dollars the previous year.
Russia currently accounts for only 3.2% of Turkey’s total exports. February’s leaders were Germany ($1.72 billion) and the USA ($1.33 billion).
At the same time, the Russian Federation’s share in Turkey’s imports as of last month reached 14.8 percent, that is, 4.15 billion dollars in monetary terms. According to this indicator, Russia is the absolute leader. In addition, China ($3.43 billion) and Germany ($2.22 billion) were among the top three countries from which Turkey imported the most goods and services in February.
Other day reported Regarding increasing the processing time of payments from Russia to Turkey and China.
Previously Ekonomim newspaper WroteHe said Ankara did not want to take risks in resolving payment issues with Moscow.
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Source: Gazeta
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