Turkey's exports to Russia in February fell 33% year on year to $670 million, trade ministry data showed on Saturday.
Russian-flagged bulk carrier SV Nikolay is unloaded at Izmir port in Turkey June 25, 2022. Reuters/Yoruk Isik
Turkey's exports to Russia in February fell 33% year on year to $670 million, trade ministry data showed on Saturday.
That was down from $1.1 billion in February 2023.
Imports from Russia fell 36.65% to $1.3 billion from $2 billion a year earlier.
A U.S. threat to impose sanctions on financial firms doing business with Russia has chilled Turkish-Russian trade, disrupting or slowing some payments for both imported oil and Turkish exports, Reuters reported this week.
Reporting by Huseyin Hayatsever; editing by Jason Neely
The trial of Istanbul's jailed mayor, Ekrem Imamoglu, is a purely political affair aimed at preventing him from challenging President Tayyip Erdogan in the next election, Turkey's main opposition leader told Reuters in an interview on Wednesday.
The U.S. Justice Department has agreed to resolve its long-running criminal prosecution of Turkish state-run lender Halkbank, the judge overseeing the case said in a court filing on Monday, without providing further details of the deal.
Turkey on Monday deployed six F-16 fighter jets and air defence systems to northern Cyprus to boost the security of the Turkish community there amid the war in Iran, the defence ministry said, adding that Ankara would take additional measures if needed.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.