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Turkish exports to Qatar jump by 29%

October 31, 2017 at 4:08 pm

A ship carrying 4,000 tons of food for Qatar prepares to depart from Izmir, Turkey on 22 June 2017 [Cem Öksüz/Anadolu Agency]

Turkey’s exports to Qatar rose 29 per cent during the period between January and September this year, the Aegean Exporters’ Association (EIB) announced yesterday.

According to a statement by the EIB, the value of the Turkish exports to Qatar this year amounted to $382,183,000 compared to $296,912,000 during the same period last year.

EIB pointed out that the Turkish exports to Qatar witnessed a rise by 90 per cent over the last four months from June to September following the embargo imposed by some countries on Doha.

Saudi Arabia, the UAE, Bahrain and Egypt cut diplomatic and trade ties with Qatar in early June, accusing it of supporting terrorism, which Doha denies.

As a result Doha increased its reliance of Turkey and Iran to meet its supply needs.

Read: Turkish, Qatari leaders meet for first time since Gulf rift