Trade With Turkey: Exports Jump, Imports Decline

Iran exported 9.2 million tons of non-oil goods worth $3.2 billion to Turkey during the seven months ending October 21, registering a whopping 316% jump in value compared with last year’s corresponding period. Gas, copper, aluminum, steel, zinc, petrochemicals, watermelon, pistachio and raisins were among the main exported commodities, according to the Islamic Republic of Iran Customs Administration. More than 987,000 tons of goods worth $1.5 billion were imported to Iran from the neighboring country, which indicates a 16% decline year-on-year. The imports mainly included banana, grain, cigarette, tobacco, machinery, wood, cotton, steel, pharmaceuticals, paper, shampoo and apparel.