Mar 15, 2023, 10:07 AM
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News ID: 85057871
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Turkiye-Iran trade approaches $500mln in Jan

Mar 15, 2023, 10:07 AM
News ID: 85057871
Turkiye-Iran trade approaches $500mln in Jan

Tehran, IRNA – Turkish Statistical Institute (TURKSTAT) has announced that trade between the country with Iran stood at nearly half a billion US dollars in the first month of 2023.

TURKSTAT figures showed that trade exchanges between Iran and Turkey had reached $494 million in January, a 3% decrease compared with the same month last year. 

Turkiye’s export to Iran increased by 11% in January compared to the same month in 2022, reaching some $241 million, showed the figures. 

However, Turkiye’s imports from Iran decreased by 14% in January 2023 in comparison to the similar period last year, reaching $253 million.

Iran was Turkey's 18th largest export destination and the 23rd source of imports in the first month of 2023, said the TURKSTAT. 

Turkiye-Iran trade had increased by 12 percent in 2022 to reach $6.42 billion dollars.

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