Iran-Turkey five-month trade reaches almost $4b

EghtesadOnline: Iran-Ankara trade exchange reached $3,957,935,000 in the first five months of 2016.

News ID: ۷۶۸۰۷۳

12 July 2016

According to IRNA, the volume of trade exchange between Iran and Turkey reached $1,026,395,000 in May, 2016.

Turkey's exports to Iran in May 2016, with a 64.2% growth, reached from $409,826,000 to $672,890,000 compared to previous year.

In April, 2016 Turkey's exports to Iran, with 104% rise compared to the previous year, increased from $274,877,000 to $560,699,000.

Turkey's imports from Iran, having 42.6% fall, reached from $615,454,000 to $353,505,000 in May 2016.

Based on five-month trade statistics, Turkey's exports to Iran had a 35.5% rise while its imports from Iran had a 38.5% fall compared to the previous year.