The export of cars from Turkey to Azerbaijan spiked by 62 percent from January through May 2020 compared to the same period of 2019, having made up $41.3 million, the Turkish Ministry of Trade declares.
In May 2020, the export of cars from Turkey to Azerbaijan surged by 80.5 percent compared to May 2019 and amounted to $11.6 million.
Export of cars from Turkey to foreign markets decreased by 33.1 percent from January through May 2020 compared to the same period of 2019 and amounted to $8.7 billion.
According to the ministry, Turkey’s export of cars for the reporting period made up 14.2 percent of the country's total export for the same period of this year.
"In May 2020, Turkey exported cars worth $1.2 billion to world markets, which is 56.3 percent less compared to the same month of 2019," the ministry said.
Turkey's export of cars in May this year amounted to 12.1 percent of the country's total export.
Over the past 12 months (from May 2019 through May 2020), Turkey exported cars worth more than $26.2 billion.
See all the news
Update on Shuakhevi HPP
Turkey to open doors to 31 countries for health tourism
Statement by Andrius Kubilius on the EU assistance for Georgia
Wine sales have increased 5 times in the UK - Georgian-British startup
S&P: Georgia Heads Toward Recession
Gurian Tea "Gamarjoba" will Appear on the Market from September
Coronavirus: Boris Johnson moved to intensive care
First-Stage Land Usage Permit for APM Terminals Poti
www.stopcov.ge is accessible in minority languages
How will Nenskra HPP Reduce the Electricity Import?
Wizz Air suspends all flights from Georgia to Europe except Budapest
Carrefour: The product will be on the shelves with the prices same as before
Differences between tobacco and nicotine products
OECD cuts 2020 global growth forecast over virus
Georgia to export new armored vehicle Didgori Meomari
"Hotels are in shock, reservations are canceled" - Shalva Alaverdashvili
Iranian MP infected with coronavirus dies
Georgian brand Entrée enters the UK market and opens its first facility in London
The first Swiss-Georgian VET college will soon be open in Dmanisi
EBRD reviewed the concept of Tbilisi Metro Project