Turkey's machinery exports reached $9.1 billion in the first seven months of 2020, down 11.9% year-on-year, an exporters' group said Tuesday.
The sector's exports in July were worth $1.5 billion, the same as the corresponding month last year, according to a statement by the Machinery Exporters' Association (MAIB).
Sector exports dropped 27% in the first quarter of 2020, the peak period of the COVID-19 pandemic, especially to Europe.
Turkey saw a fall of $600 million in sales to top machinery export destinations Germany, the U.S., the U.K., Italy and France from January to July.
Exports to Russia during the period, however, rose 19%, according to the group.
Kutlu Karavelioğlu, the head of MAIB, said global machinery trade had narrowed by 20%, while Turkey's machinery exports fell less than 12% in the seven-month period.
"If a second (coronavirus) wave doesn't happen, we may approach last year's figures in many subsectors," he said.
Turkey's overall exports stood at $15 billion in July and $90 billion in the first seven months of 2020, down 5.8% and 13.7% on a yearly basis, respectively, according to the Turkish Exporters' Assembly (TIM).
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