Tehran-Ankara nine-month trade hits $8.5b: IRICA

The total value of trade between Iran and Turkey in the first nine months of the current Iranian year (started March 21, 2023) topped $8.5 billion, announced the head of the Islamic Republic of Iran Customs Administration (IRICA).
Iran exported 6.4 million tons of non-oil goods, valued at $3.3 billion, to the neighboring country from March 21 to December 22, 2023, registering a 12.5 percent hike in volume terms and 15 percent decline in value terms compared to 2022’s corresponding period, IRNA reported.  
Iran imported three million tons of commodities worth $5.3 billion, from Turkey in the nine-month period, showing a 12 and a 17 percent rise in volume and value terms, respectively, compared to the corresponding figure of the preceding year, Mohammad Rezvanifar added.
He noted that Iran exported natural gas, aluminum, iron ingot, and bitumen to the neighboring country.
In return, Iran imported sunflower oil, gold ingots and animal corn from Turkey during the period.
The deputy minister of economy pointed to the volume of transit of goods exchanged between the two countries and noted that 1.6 million tons of products were exchanged between the two countries from March 21 to December 22, 2023.
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