Tehran-Ankara Trade Hits $9.5 Billion in 10 Months: IRICA Chief

The president of the Islamic Republic of Iran Customs Administration (IRICA) put the value of the trade exchanges between Iran and Turkey in the first 10 months of the current Iranian calendar year (started March 21, 2023) at $9.5 billion.

News ID: ۸۲۱۴۵۱

25 January 2024

The two countries exchanged 10.297 million tons of non-oil products, valued at $9.541 billion, from March 21 to December 22, 2023, Mohammad Rezvanifar stated.

The deputy minister of economy added that 6.751 million tons of goods, valued at $3.498 billion, were exported from Iran to the neighboring country, showing a 47.51 and 47.11 percent decline compared to last year’s corresponding period.

In this period, Iran imported 3.546 million tons of products, valued at $6.44 billion, from Turkey, registering a 16.93 and 18.74 percent hike compared to last year’s corresponding period, he noted.

Rezvanifar further said that Iran exported $955 million worth of liquefied natural gas (LPG) and $616 million worth of urea to Turkey from March 21 to December 22, 2023.

Unprocessed gold, sunflower oil and tractors were among the main products imported into the country from Turkey, the IRICA chief added. / Tasnim