Iran and Turkey traded $2.86 billion worth of goods during the first half of 2022 to register a 40% year-on-year rise, the latest data released by the Turkish Statistical Institute show.
Iran’s exports stood at $1.7 billion, up 62.68% year-on-year, while imports grew by 16.23% to $1.16 billion.
Bilateral trade stood at $513.65 million in June, up 28.56% YOY, with Turkish exports at $208.17 million, down 1.64% YOY, and Iranian exports at $305.48 million, registering a 62.58% growth YOY.
Iran and Turkey traded $4.77 billion worth of goods in 2021 to register a 69.12% rise compared with the preceding year. Iranian exports stood at $2.52 billion, up 145.18% year-on-year, while imports grew by 25.5% to $2.25 billion.
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