May 27, 2012
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Global financial crisis negatively affects Turkey's exports to neighbors
21 February 2010 / THE ANATOLIA NEWS AGENCY, ANKARA
The ongoing global financial crisis has negatively affected Turkey's exports to neighboring countries.
In 2009, Turkey's exports to neighbors declined 3.9 percent.
Turkey's exports to seven neighbors in 2009 were worth 13.7 billion USD.
Turkish exports to neighboring countries constituted 13.5 percent of all Turkish exports globally in 2009.
Iraq and Syria were the countries to which Turkish exports showed an increase.
Below is a table showing Turkey's exports to neighbors in 2008 and 2009:
- (THOUSAND DOLLARS)
- NEIGHBORING COUNTRIES 2008 2009 Change (%)
--------------------- ---- ---- ----------
- Azerbaijan 1,667,469 1,398,550 -16.1
- Bulgaria 2,151,534 1,387,731 -35.5
- Georgia 997,844746,105 -25.2
- Iraq 3,916,685 5,125,933 30.9
- Iran 2,029,760 2,024,779 -0.24
- Syria 1,115,013 1,424,982 27.8
- Greece 2,429,968 1,634,249 -32.7
- ---------------------- --------- --------- -------
- TOTAL 14,308,273 13,742,329 -3.9
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