The head of the Islamic Republic of Iran Customs Administration (IRICA) put the value of trade exchanges between Iran and Turkey in the 10 calendar months to December 22, 2023 at $9.5 billion.
The two countries exchanged 10.297 million tons of non-oil products, valued at $9.541 billion, from March 21 to December 22, 2023, Mohammad Rezvanifar stated.
The deputy minister of economy added that 6.751 million tons of goods, valued at $3.498 billion, were exported from Iran to the neighboring country, showing a 47.51 and 47.11 percent decline compared to last year’s corresponding period.
In this period, Iran imported 3.546 million tons of products, valued at $6.44 billion, from Turkey, registering a 16.93 and 18.74 percent hike year-on-year, he noted.
The official said that Iran’s 10-month exports of liquefied natural gas (LNG) and urea to Turkey amounted to $955 million and $616 million respectively to become the country’s top two exports items to Turkey.
Unprocessed gold, sunflower oil and tractors were among the main products imported into the Iran from Turkey, the IRICA chief added.