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5% Rise in November Trade With Turkey

5% Rise in November Trade With Turkey
5% Rise in November Trade With Turkey

Iran and Turkey exchanged $335.06 million worth of goods and commodities in November 2020, marking an increase in monthly trade for the second successive month. 
According to the latest data released by Turkish Statistical Institute, the neighboring country's November trade with Iran was 5% higher than in November 2019. 
This could be interpreted as a sign of recovery in trade between the two neighbors after it declined sharply during the pandemic. 
Iran’s exports to Turkey accounted for $121.6 million of the sum, up 26.68% YOY, while Turkey’s exports to Iran stood at $211.464 million, down 4% year-on-year.

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