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Malaysia and Turkey eyes to expand bilateral trade by 50 pc this year

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Turkey and Malaysia’s total trade for the first four month of 2016 was up 60.6 percent on the previous year, a rise from $346.26 million to $555.97 million. However, the two countries are expected to expand bilateral trade by up to 50 percent this year, supported by both countries' strong economic fundamentals, according to a Malaysian trade promotion agency.

While, total trade between Turkey and Malaysia for the year to December 2015 stood at $1.38 billion, with Turkish exports at $451.11 million and imports at $926.61 million.

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