10311
Trade With Turkey Down
Economy, Domestic Economy

Trade With Turkey Down

Latest data show that trade turnover between Iran and Turkey decreased by 6% in the year 2014, compared to the preceding year.
According to the figures released by the Turkish Statistical Institute (TurkStat), Iran-Turkey trade turnover stood at $13.721 billion in 2014, recording a 6% decrease compared with 2013, Tasnim news agency reported on Saturday. Iran-Turkey trade turnover stood at $14.575 billion in 2013.
Based on the new data, Turkey’s exports to Iran totaled $3.888 billion in 2014, registering a 7% decrease compared with 2013. Turkey exported $4.192 of different commodities to Iran in 2013.
According to the report, Turkey’s imports from Iran valued $9.833 billion in 2014, registering a 5.3% decrease compared with 2013. Turkey imported $10.383 of different commodities from Iran in 2013.
Iran has been Turkey’s seventh favorite export destination and its eighth importing partner in 2014.
Turkey’s exports to Iran accounted for 2.5% of the country›s total exports in 2014, and its imports from Iran accounted for 4.1% of its total imports in that year.
 Iran and Turkey have recently signed a preferential trade agreement that could pave the way for a rise in bilateral trade. The agreement was signed following a visit by Turkey’s Economy Minister, Nihat Zeybekci, to Tehran in January. At the time, the Turkish official said the goal is to boost trade between the two neighbors to $30 billion by 2015.

Short URL : http://goo.gl/nIIxJy

You can also read ...

Forex Rates Jump After Gov’t Stops Cheap Currency Allocation
Foreign exchange rates in the unofficial market registered...
Int’l Airlines’ Presence in Iran Boosted After JCPOA
A total of 51 foreign airlines are now operating in Iran, up...
Facebook Lures Google Engineer to Head Its Own Chip Development
Facebook Inc. has sent another signal that it is serious about...
US Confiscates 500 Iranian Bitcoins
The US federal government confiscated at least 500 Bitcoins...
Export Billet Prices Increase on Reduced Availability
Iranian export billet prices increased by $5-10 per ton over...
Platform to Promote FATA-IFA Interactions
A new platform has been launched to facilitate interactions...
New MacBook Features Dust-Repelling Keyboard
Apple’s new MacBook Pro keyboards are slightly quieter than...
The private sector completed the construction of 52,081 buildings in H1 2017-18 across all urban areas
The latest data disclosed by the Central Bank of Iran show...

Trending

Googleplus