Trade With Turkey Declines by 60%

Iran’s trade with Turkey totaled $1.99 billion during January-August to register a decline of 60.28% compared with the corresponding period of 2019.
Latest data released by Turkish Statistical Institute show Iran exported $696.9 million worth of goods to Turkey during the period to register a 77.9% year-on-year drop. This is while imports from Iran's neighboring country stood at $1.29 million, down 30.31% YOY.
Iran-Turkey trade in August amounted to $301.3 million, indicating a 5% decrease compared to August 2019.