ISTANBUL, 10 Feb.Trade turnover between Turkey and the Russian Federation for the 11 months of 2023 amounted to $48.5 billion, which is 11 billion less than the same period a year earlier, but there is potential for development, Andrei Buravov, Consul General of the Russian Federation in Istanbul, said in an interview.
Buravov recalled that in 2022, the volume of bilateral trade with Turkey almost doubled compared to the previous year and reached a historical maximum of $65 billion.
“At the end of 2023, the results are somewhat lower, but they also indicate that our trade and economic relations have serious potential for further development. Over 11 months, the volume of trade turnover amounted to $48.5 billion (in 2022 — $59.5 billion for that same period),” the Consul General said.
Russia ranked first in the list of countries importing goods to Turkey by the end of 2023, supplying products worth more than $45 billion, the Turkish Bureau of Statistics (TUİK) reported at the end of January.
Turkish President Recep Tayyip Erdogan, at a meeting with his Russian counterpart Vladimir Putin in September in Sochi, said that Ankara and Moscow are moving towards the goal of achieving a trade turnover of $100 billion.
Read the full text of the interview with Andrey Buravov >>