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Turkey’s exports rose in January and February 2020 as compared to same months previous year. According to Turkey export data, the value of shipments departed from Turkey recorded USD 14,696 million in Jan 2020, while USD 13,128 million in Jan 2019. Similarly, the country shipped goods worth USD 14,630 million in Feb 2020, while USD 13,538 million in Feb 2019.
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Turkey now plans to resume exports of milk and other dairy products to China. The government said that 54 Turkish companies will be able to supply dairy products to China. In a tweet, Turkish Trade Minister Ruhsar Pekcan said on 21st May 2020 that she welcomed the Chinese dairy market opening to Turkish exporters, after Chinese authorities deemed Turkey an exportable country.
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For the first time in a decade, the world’s largest exporter of wheat, Russia has suspended supply of wheat to foreign importers who are rushing to import the grain, amid Coronavirus pandemic. Due to rising number of Covid-19 cases, Russian government took the decision in order to meet domestic consumption of wheat and other food grains.
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India’s exports went a record down by -60.28% in April and -34.57% in March 2020 as compared to same months last year, amid coronavirus pandemic. According to Export Genius India export data, goods exported from the country valued USD 21.41 billion in March and USD 10.36 billion in April. Leather, gems and jewelry were the major decliners, which declined the total exports from India.
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Millions of people globally are affected by the Coronavirus pandemic, which has claimed several lives, lockdown public & business and destroyed the global economies. China and the United States, two powerful countries in the world, are severely affected by the virus. China, which was the epicenter of Covid-19, has now recovered and the country has opened the lockdown in many areas.
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