77454
Trade With Turkey Up 15 Percent
Trade With Turkey Up 15 Percent

Iran's Trade With Turkey Up 15 Percent

Iran's Trade With Turkey Up 15 Percent

Latest statistics on Iran-Turkey trade released by the Turkish Statistical Institute show the neighboring countries exchanged $9.1 billion worth of goods during the 10 months to Oct. 31, registering a 15% increase compared with last year's corresponding period.
Iran's exports to Turkey during the period considerably went up by 79% to stand at $6.5 billion.
Turkey's exports to Iran had a 39% decrease year-on-year and reached $2.6 billion.
According to Tasnim News Agency, oil and gas are Iran's main exported commodities to Turkey, which also have seen an increase in price during recent months. Iran was Turkey's 14th biggest export destination and eighth biggest importer during the 10-month period.
A review of the past six years ending March 20, 2017, shows Iran’s trade with Turkey peaked in the last Iranian year (March 2016-17) at $5.92 billion.
Iran and Turkey are signatories to a preferential trade agreement since 2014.

Short URL : https://goo.gl/VaiTq1
  1. https://goo.gl/gbCjyS
  • https://goo.gl/3s8GPf
  • https://goo.gl/bBicbP
  • https://goo.gl/RTmEeg
  • https://goo.gl/4EvKBC

You can also read ...

Valiollah Seif
Governor of the Central Bank of Iran said on Wednesday anti-...
Nat’l Virtual Currency in the Offing
Months after the idea was first publicized, it seems that Iran...
5th Indian Wheat Cargo Arrives for Afghanistan in Chabahar
India’s fifth consignment of wheat to be sent to Afghanistan...
Presale Crosses  96,000 Gold Coins
The presale of Bahar Azadi gold coins priced at 14 million...
Spanish Foreign Minister Alfonso Dastis met with President Hassan Rouhani on Feb, 21.
Foreign ministers of the Netherlands and Spain are in Tehran...
Lexus’ New Crossover to Break Cover  in March
Lexus will pull the covers off of the production version of...
The government has required car importers to pay the higher tariffs announced in January.
The government has finally allowed the clearance of imported...
Bank Loans Top $100b in 10 Months
Banks and credit institutions doled out more than 4.62...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus