Azerbaijan's Steel Imports From Türkiye Jump 35.2%
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Azerbaijan’s steel imports from Türkiye rise 35.2% in 10 months
Business & Investment

Azerbaijan’s steel imports from Türkiye rise 35.2% in 10 months

Azerbaijan paid $119.623 million for Turkish-made steel in the first ten months of this year, up 35.2% from the same period last year, according to the Turkish Exporters’ Assembly.

Azerbaijan’s steel imports from Türkiye reached $119.623 million between January and October, the Turkish Exporters’ Assembly reported. The figure marks a 35.2% increase compared with the same ten-month period a year earlier.

In October alone, Turkish steel exports to Azerbaijan were worth $16.062 million, up 14.1% from October of last year.

Türkiye’s global steel exports

Türkiye’s overall steel exports to the world also grew over the ten-month period, rising 2.6% to $14.081 billion. In October alone, exports climbed 5.1% year-on-year to $1.353 billion.

Romania remained the largest buyer of Turkish steel products, purchasing $1.103 billion worth, even though this was down 3.2% from a year earlier. Italy ranked second with $852 million (down 10.1%), followed by the United Kingdom with $798 million, up 60.7%.

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