56956
Decline in  Iran-Turkey Trade
Economy, Domestic Economy

Decline in Iran-Turkey Trade

Trade turnover between Iran and Turkey stood at $8.79 billion during the 11 months of 2016, according to the latest statistics released by the Turkish Statistical Institute. The figure indicates a 1.6% decline compared with last year’s corresponding period, Trend News Agency reported  Turkey’s exports to Iran amounted to $4.635 billion, up 41% year-on-year. The country also imported $4.163 billion worth of goods from Iran during the 11-month period, 26% down year-on-year. Bilateral trade reached $796.35 million in November. Exports of Turkey to Iran in that month amounted to $320.976 million while the country imported goods worth $475.375 million from Iran in the same month. Trade turnover between the two countries was $13.71 billion in 2014, which figure plunged 29% in 2015 to stand at $9.76 billion.

 

Short URL : https://goo.gl/wlENLP
  1. https://goo.gl/VgoqtJ
  • https://goo.gl/wd1FmO
  • https://goo.gl/3p4pYZ
  • https://goo.gl/0yExmK
  • https://goo.gl/5hxvWr

You can also read ...

The ICCIMA index is fashioned after World Bank’s “Ease of Doing Business” index.
Iran’s National Business Environment Index has improved in the...
Iran-Iraq Bank Can Help Boost Trade
The head of Iran-Iraq Chamber of Commerce believes that the...
INTA Defends Monitoring of Bank Transactions
Head of the Iranian National Tax Administration Kamel Taqavi-...
Banks’ Fiscal H1 Loan Portfolio at $68b
The Iranian banking system paid out 2.7 quadrillion rials ($67...
The cost of releasing an album in the European countries is far higher than in Iran.
It’s tough to be a musician in Iran and tougher for music...
Iran Biggest Mideast Producer, Consumer of Footwear
Iran is the biggest producer and consumer of footwear in the...
Loan Rate Cut on MCC Agenda
Declaring that banks have now reduced the interest on their...
Banana Imports Top $260m
Around 347,000 tons of fresh green or dried bananas worth $267...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus