Bitumen suppliers

As you may know, there are some important factors that bitumen suppliers should be aware of.

Therefore, we have decided to bring some of them to

help the bitumen suppliers in the world. Respectively, we start with Turkey

since it is one of the superpowers in the world.

But Needless to mention that the events in Turkey have a notable impact on

bitumen suppliers, now let’s look through some of them.

First, export of antibacterial fabrics from Turkey to various European countries
Second, a 27% increase in fruit and vegetable exports from Turkey during the first three months of this year
Then, following the closure of the land borders between Iran and Turkey

due to the Corona pandemic, trade between the two countries

took place via the Van-Kapikoy railway.

Export of ICU beds made in Turkey to European countries
22.1% increase in Turkish carpet exports
13% increase in car exports from Turkey in February
Brent oil prices hit a two-year low since 2002
Finally, approves €240 million EU aid to support asylum seekers in Iraq, Jordan and Lebanon

of the world despite the Corona crisis

Mass production of coronavirus detection kits in Turkey
Sending mask production equipment from Turkey to Azerbaijan
Additionally, the International Monetary Fund warned of a recession worse than 1930-1930
The US, Russian Presidents consult with the King of Saudi Arabia on global crude oil prices
OPEC Plus member states agree to cut 10 million barrels of crude oil production
Moreover, holding the 10th Extraordinary Meeting of the Member States

of the Organization of Petroleum Exporting Countries (OPEC)

5% shrinkage of the Russian economy due to the Coronavirus crisis
Generally, Turkish self-sufficiency in the production of filter masks with N95 standard and above
IMF program to mitigate the economic impact of the corona
The increase in car exports from Bursa province as the

“automotive hub” of Turkey in the first three months of this year

reached 1 billion 977 million dollars.

In fact, manufacture of fully automatic mask production machine in Turkey
Moscow’s reaction to falling oil prices on world markets
Additionally, Corona severe damage to the world tourism industry
Venezuelan President’s request for help from Iran to prevent liquid fuel shortages in the country
Apparently, Iran has declared Turkey its largest export and import partner in continental Europe
The US Federal Reserve kept interest rates in the 0-0.25% range

Most importantly, launching native video conferencing software in Turkey
Saudi Arabia’s economic outlook declined
Revenue of 1 billion 844 million and 289 thousand Turkish dollars from hazelnut exports in the last eight months
In addition to the above, the suicide of Russian billionaire Dmitry Borisov, owner of large coal companies
Export of drip irrigation system from Turkey to 10 countries despite the outbreak of Corona
And, German recession during the Corona
Export of tulips from Turkey to 12 countries
Iranians ranked first among foreign buyers in the first quarter of this year with the purchase of over 1,800 housing units in Turkey
Also, the head of the European Bank for Reconstruction and Development expressed hope for Turkey’s economic growth in the post-Corona period
A sharp decline in industrial production in Europe
$8.5 trillion shocks to the global economy
Increasing demand for Turkish health products worldwide
And, Germany, France agree to set up a €500 billion fund to help European countries affected by the Corona pandemic
Turkey and the United Kingdom plan to increase trade volume to $20 billion by 2023
So, the signing of the Turkey-Turkish Republic of Northern Cyprus Economic Cooperation Agreement
Turkish economy grows by 4.5% in the first quarter of 2020

Resumption of Turkish Airlines flights at the beginning of the process of normalization of conditions in the post-Corona period
16.31% increase in Turkish construction materials exports
Turkish courier’s $1.8 billion deal with US company Zinga
Turkish avocado exports to 33 countries
Increasing the export value of the Turkish automotive industry
Increase in revenue from hazelnut exports to $2 billion
Reopening of Gorbulaq and Habour border crossings on the Iranian-Iraqi border
Reopening of Iran-Turkey borders
Holding the 170th meeting of the Ministers of Oil and Energy of the OPEC member countries
Unemployment in the United States during the Corona
Additionally, increasing Turkish cherry exports to European countries
And, increase Turkish exports to Iraq
25% reduction in Russian oil revenues in the first four months of 2020
47.5% increase in Turkish tea exports to foreign countries
3.9% increase in the unemployment rate in the UK
One-year extension of Union Council economic sanctions against Russia
Also, Istanbul Stock Exchange record-breaking
Finally, the virtual meeting between China and the European Union

The European Parliament agrees to help Turkey in hosting asylum seekers
Inauguration of Asia’s largest solar power plant in India
Turkish jewelry exports increased by 60%
Significant rise in the value of Turkish defense companies
Also , Most importantly, resumption of reciprocal flights between Turkey and Russia
Widespread reception of foreign tourists to travel to Turkish coastal cities despite the Corona pandemic
$495 million investment in the development plan for the North Marmara Natural Gas Storage Reservoir
And, Qatar Airways demands $5 billion in compensation from besieging countries
As the final point, increasing the export value of Turkish technology equipment