Russian-Turkish Trade in 2019 Rose to $ 21.7 Billion
"Against the background of the abolition of special economic measures previously introduced against Turkey, a significant increase in trade was noted. In 2019, trade increased by 2.5% compared to 2018 and amounted to $ 21.7 billion", the materials said. At the same time, exports remained at the same level ($ 17.75 billion), while imports from Turkey grew by 15.4% to $ 3.46 billion.
In the structure of Russian exports to Turkey, the main share falls on mineral fuel and products of its distillation (58.7%), metals and products from them (25%) and more. The structure of imports from Turkey is formed, in particular, by machinery, equipment and vehicles (28.3%), food (31.3%), textiles and shoes (18.1%).
The volume of Russian investments in Turkey and in the opposite direction, taking into account the investment projects being implemented in both countries, is approximately $ 10 billion each.