News in Brief
Iran-Turkey trade tops $500m in January: Statistics
The value of the trade exchanges between Iran and Turkey in January 2024 surpassed $500 million, registering a two-percent hike compared to January 2023, the Turkish Statistical Institute (TURKSTAT) said.
The institute put the value of the trade exchanges between Iran and Turkey in January 2024 at $501 million, reported Tasnim News Agency.
According to the report, the two countries had exchanged $493 million worth of non-oil goods in January 2023.
Turkey exported $324 million worth of products to Iran in January 2024, showing a 35 percent growth compared to last year’s corresponding period.
The neighboring country had exported $240 million worth of goods to Iran in January 2023.
Iran was Turkey’s 7th export target market in the first month of the current year, with 1.6% of Turkey’s total exports sent to Iran.
According to statistics, Turkey had imported $253 million worth of goods from Iran in January 2023.
The trade exchanges between Iran and Turkey in 2023 hit $5.49 billion, showing a 14 percent decline compared to a year earlier, the report added.
IRAN EXPO 2024 provides opportunity to spur exports of gems, precious stones: Official
The IRAN EXPO 2024 provides a suitable opportunity for the participation of activists working in the field of gems and precious stones, the head of the Trade Promotion Organization of Iran (TPOI) for technology-based products and services export promotion office said.
The industrialists will showcase their export potential and capabilities to the visiting foreign delegations, Mohammadreza Karimzadeh noted, IRNA reported.
He emphasized that Iran, benefiting from diversified mineral resources and precious stones also has experts in the field of designing, manufacturing and exporting. The 6th Export Potentials Exhibition of the Islamic Republic of Iran will be held in Tehran during April 27 to May 1.