Turkish Companies Slash Trade with Russia by Half

Turkey Reduces Supply to Russia Amid Fear of US Sanctions | $631M Trade Drop

Turkish-Russian Trade Plummets Amid US Sanctions Concerns

Turkey’s Trade Shift

Amid rising tensions and the looming threat of US sanctions, Turkey’s trade relationship with Russia takes a significant hit. Supply chains are disrupted as Turkish companies scale back their exports, resulting in a nearly 50% drop in trade volume. January marks a stark downturn, with trade plummeting to $631 million from almost $1 billion the previous year, highlighting the profound impact of geopolitical uncertainties on economic partnerships.

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