Turkey's February exports to Russia down 34% from year earlier

That was down from $1.1 billion in February 2023. Imports from Russia fell 36.65 per cent to $1.3 billion from $2 billion a year earlier.

Imports from Russia fell 36.65 per cent to $1.3 billion from $2 billion a year earlier. (Image credit: Reuters)

Turkey's exports to Russia in February fell 33 per cent 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 per cent 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.

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Turkey's February exports to Russia down 34% from year earlier

That was down from $1.1 billion in February 2023. Imports from Russia fell 36.65 per cent to $1.3 billion from $2 billion a year earlier.

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