İstanbul Gelisim Vocational School - myo@gelisim.edu.tr

Foreign Trade








 The Effects of the Russia-Ukraine Crisis on Exports


According to the data of the Turkish Exporters Assembly (TIM), it was announced that due to the economic effects of the war between Russia and Ukraine, a decrease of at least 40 percent was recorded in Turkey's exports to Russia and 80 percent in its exports to Ukraine.



According to the data, while Turkey exported 435 million 866 thousand dollars to Russia in February, this figure decreased to 252 million 380 thousand dollars in March.

Source