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Turkey's Feb exports to Russia down 34% from year earlier
1 min Mena Today
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
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