Iran-Turkey trade hits $5.5 billion in 2023

The Turkish Statistical Institute (TURKSTAT) put the volume of the trade exchanges between Iran and Turkey in 2023 at about $5.5 billion.

4 February 2024
ID : 45315
Share
Share with
Telegram Whatsapp
Link
The Turkish Statistical Institute (TURKSTAT) put the volume of the trade exchanges between Iran and Turkey in 2023 at about $5.5 billion.

Bazargan border crossing between Iran and Turkey

The Turkish Statistical Institute (TURKSTAT) put the volume of the trade exchanges between Iran and Turkey in 2023 at about $5.5 billion.

According to the TURKSTAT's latest report, the two countries exchanged $5.490 billion worth of trade in 2023, showing a 14% decline compared to the same period last year.

Iran and Turkey’s trade exchanges in 2022 exceeded $6.420 billion.

Turkey exported $3.310 billion worth of non-oil products to Iran from January to December 2023, registering an 8% growth compared to a year earlier.

Turkey imported over $2.180 billion worth of goods from Iran in 2023, showing a 35% slump compared to a year before.

Accordingly, Turkey had imported over $3.350 billion from Iran in 2022.

Related