Iran-Turkey Trade Tops $8 Billion in 10 Months

Iran’s bilateral trade with neighboring Turkey totaled $8.25 billion in the first 10 months of 2018 to register a decrease of 10.31% compared with last year’s corresponding period, according to Turkish Statistical Institute.
Iran exported $6.22 billion worth of goods to Turkey during the period, indicating a 5.6% decline year-on-year.
In return, the Islamic Republic imported $2.02 billion worth of Turkish goods, down 22.24% YOY.
Iran was Turkey’s 20th export destination and the seventh biggest exporter of goods to the country during the 10 months ending October.