Tehran-Ankara Trade Up 80%
Economy, Domestic Economy

Tehran-Ankara Trade Up 80%

Iran’s trade with Turkey during the seven months to October 21 has jumped by more than 80% compared with last year’s corresponding period.
According to the Islamic Republic of Iran Customs Administration, Iran exported 9.2 million tons of non-oil goods worth $3.2 billion to Turkey during the period to register a 316% upsurge year-on-year.
More than 987,000 tons of commodities worth $1.5 billion were imported from the neighboring country, which shows a 16% decline.
Gas, copper, aluminum, steel, zinc, petrochemicals, watermelons, pistachios and raisins are among Iran’s main exports to Turkey. The Islamic Republic’s imports from the neighboring country mainly include bananas, grains, cigarettes, tobacco, machinery, wood, cotton, beans, steel, pharmaceuticals, paper, shampoos and apparel.
The two sides plan to boost bilateral trade to $30 billion. Iran and Turkey are signatories to a preferential trade agreement.

Short URL : https://goo.gl/m1q7m7
  1. https://goo.gl/7vc6v2
  • https://goo.gl/Fvvn3E
  • https://goo.gl/xqNoEt
  • https://goo.gl/ad7C9t
  • https://goo.gl/nws4Wy

You can also read ...

US’ Iran Policy Headed for Train Wreck With Afghan Policy
US President Donald Trump’s decision to pull out of the Iran...
BMI Outlines Forex Measures
Director of Bank Melli of Iran’s Foreign Exchange Department...
5-6% Flexibility in USD Rate Until March
Governor of the Central Bank of Iran said the exchange rates...
With the US Out, How Can Iran Benefit From JCPOA?
In Iran, the only surprise regarding US President Donald Trump...
Non-Oil Trade With Malaysia Rises 23%
Iran traded $694.64 million worth of non-oil goods with...
Mineral Projects Worth $3.6b in the Pipeline
More than $3.6 billion worth of mineral projects are to be...
Persian is the 15th most spoken language  in the world with 120 million speakers.
The amount of online content in Persian has observed a...
So far, 90 video games have been submitted to enroll  in the Gamistan Awards.
The second round of Tehran Game Convention is slated for July...

Add new comment

Read our comment policy before posting your viewpoints