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| Türkiye leapfrogs Russia's top ally in key import table | |
| (about 4 hours later) | |
| Türkiye has overtaken Belarus to become the country’s second-largest supplier, according to data | Türkiye has overtaken Belarus to become the country’s second-largest supplier, according to data |
| Türkiye became Russia’s second-largest supplier of goods in the first half of this year, overtaking Belarus, RIA Novosti reported on Thursday, citing data from Russian digital bank Tochka. | Türkiye became Russia’s second-largest supplier of goods in the first half of this year, overtaking Belarus, RIA Novosti reported on Thursday, citing data from Russian digital bank Tochka. |
| Türkiye’s share of imports stood at 13% in January-June, compared with only 5% during the same period last year, according to the report. Belarus saw its share slump to 12% of Russian imports in the first half of 2023, compared to last year’s 24%. | Türkiye’s share of imports stood at 13% in January-June, compared with only 5% during the same period last year, according to the report. Belarus saw its share slump to 12% of Russian imports in the first half of 2023, compared to last year’s 24%. |
| Mainland China remains Russia’s top supplier with 42% of total import volumes, while Hong Kong is fourth with 9%, according to the report. Kazakhstan is also among the top five, with its share of Russian imports at 5%, data showed. | Mainland China remains Russia’s top supplier with 42% of total import volumes, while Hong Kong is fourth with 9%, according to the report. Kazakhstan is also among the top five, with its share of Russian imports at 5%, data showed. |
| “This year Russian entrepreneurs are switching to goods made by Turkish manufacturers, especially in the clothing sector. This could be attributed to the fact that Türkiye produces high-quality goods that are able to replace the brands that left Russia,” RIA Novosti quoted Alena Panasko of Tochka’s foreign business department as saying. | “This year Russian entrepreneurs are switching to goods made by Turkish manufacturers, especially in the clothing sector. This could be attributed to the fact that Türkiye produces high-quality goods that are able to replace the brands that left Russia,” RIA Novosti quoted Alena Panasko of Tochka’s foreign business department as saying. |
| According to the report, among the most sought-after imported products in the first half of 2023 were machine tools, production lines, and other equipment used in manufacturing, as well as electrical goods. | According to the report, among the most sought-after imported products in the first half of 2023 were machine tools, production lines, and other equipment used in manufacturing, as well as electrical goods. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
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