Ukraine led the list of countries to which Türkiye exported more in May compared to the same month a year earlier, with nearly $340 million in volume increase, according to a report on Saturday.
Türkiye's exports to Ukraine saw the largest increase in May, rising by $339.6 million, while exports to the country exceeded $600 million last month, a report prepared by Anadolu Agency (AA) said.
The rise in shipments to the country is seen as the economic relations continue to strengthen and build on momentum despite the ongoing Russia-Ukraine war. Increasing Ukrainian demand for Türkiye’s industrial and technology products has also played a key role in boosting exports.
Damage to Ukraine’s energy and infrastructure systems due to the war has particularly increased demand for energy equipment and industrial machinery.
Accordingly, based on data from the Türkiye Exporters Assembly (TIM), Ukraine was the country where Türkiye recorded the largest value-based export increase in May.
