Testimonials

RW Freight Services are always on time and run a very reliable export groupage service to Finland.

Finland Export Groupage Client 17423

RW Freight offer fantastic rates for my exports and imports with Scandinavia.

Scandinavian Freight
636

Collections are made on time and we are kept updated with when the cargo is shipping to Norway with R W Freight

Norway Groupage Exporter
72845

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

Turkish exports drop in value

Tags:


Turkey’s exports in 2015 showed a decline of 8.7 per cent compared with the previous year, falling to US$144bn, according to data from the Exporters’ Assembly of Turkey.

TIM attributed the disappointing result to fluctuations in parity, decreasing commodity prices and ongoing political conflicts, not least the recent rift between Ankara and Moscow; since Russia banned many imports from Turkey in retaliation for the latter’s downing of a Russian jet close to the Syrian border, Turkish exports to Russia have fallen by around 52 per cent, according to TIM.

The ban was largely responsible for a drop in Turkish exports of 12 per cent in December compared with the same month in 2014.

Regional instability equally hit Turkey’s exports, which fell by US$2.4bn to Russia, by US$2.3bn to Iraq and by US$620m to both Ukraine and Libya, according to TIM.