Iran and Turkey traded $1.47 billion worth of goods during the first four months of 2023 to register a 23.18% year-on-year decline, latest data released by the Turkish Statistical Institute show.
Iranian exports amounted to $749.9 million, down 34.38% while imports declined by 6.69% to $724.1 million.
Bilateral trade stood at $290.62 million in April, down 42.89% YOY, with Turkish exports at $163.12 million, down 24.32% YOY, and Iranian exports at $127.49 million, registering a 56.54% decline YOY.
Iran and Turkey traded $5.35 billion worth of goods in 2022 to register a 12.18% year-on-year rise. Iran’s exports stood at $2.91 billion, up 15.49% while imports grew by 8.47% to $2.44 billion
Bilateral trade stood at $4.77 billion 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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