TURKEY'S EXPORTS TO RUSSIA SEE 26 PERCENT INCREASE IN THE FIRST TWO MONTHS...
Turkey’s exports to Russia hit over $700 million in the first two months of this year, a 26% increase compared to a year earlier, data showed. More than 500,000 tons of products from 27 sectors were sold to Russia in January and February 2020, up from nearly 388,000 tons of goods in the same period last year, a 30% surge. Those sales generated more than $700 million in revenue, up 26% in year-on-year value from just over $555 million, according to data from the Eastern Black Sea Exporters Association (DKİB) Sunday. Fresh fruit and vegetables led the way among goods exported to Russia at $149 million, while $104.4 million worth of the same goods were exported in the same period of 2019, marking a 43% year-on-year increase. Fresh produce was followed by automotive industry exports with $96 million, chemical materials and products with $68.6 million, machinery and accessories with $56.9 million, and ready-to-wear apparel with $50.3 million, the data showed. Some 40,664 tons of tot...