Iran's Q1-3 Trade With Turkey at $2.2b, Down 59% YOY

Iran’s trade with Turkey stood at $2.28 billion during the first three quarters of 2020 (January-September) to register a decrease of 59.76% compared with the corresponding period of 2019, latest data released by Turkish Statistical Institute show.
Iran exported $782.3 million worth of goods to Turkey during the period to register a 78.3% year-on-year drop. Imports from Iran's neighboring country stood at $1.5 billion, down 27.3% YOY.
Monthly trade between Iran and Turkey fell to under $300 million in the ninth month of the year, mostly due to a fall in Iran's exports to the neighboring country.