Turkey becomes EU s fifth-largest trade partner

Turkey becomes EU s fifth-largest trade partner


Turkey becomes EU s fifth-largest trade partner
Turkey became the European Unions fifth-largest trade partner in 2015 acording to date released by Eurostat.

According to new report on euro area international trade in good surplus the EU
exported goods worth of 2.04 trillion euro in 2015 while total import stood at 1.79 trillion.

in 2015 Turkey s export to the EU rose to 79 billion from 75 billion up six percent Turkey imports from the EU surged to 61.6 billion rising 13 percent year on year.

Advance in both export and import numbers push Turkey -EU bilateral trade volume to 140 billion from 128.9 billion up nine percent from year earlier making Turkey the EU s fifth largest trade partner surpassing Norway

Norway s trade volume with block was down to 123.2 billion in 2015 from 135.3 billion a year earlier declining nine percent

The U.S retained the title of the largest trade partner of the EU in 2015 with the bloc s exports reaching 369.5 billion and imports at 246.2 billion

both exports and imports to the U.S rose 19 percent

in 2015 the EU s second -largest trading partner was China
Last year EU exports to china were worth 170 billion while imports were 350.3 billion .After China were Switzerland Russia and Turkey




 

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