The Statistics Department of Turkiye announced that Irans export of non-oil goods to the Republic of Turkiye in the first five months of the current year (from March 21 to August 23) has registered a 49 percent growth.
According to the Statistics, Irans trade exchanges with Turkiye from Jan. to Aug. 2022 has recorded a 29 percent hike.
Another statistic put Iran-Turkiye trade exchanges in the first eight months of the current year in 2022 (from Jan. to Aug.) at $4.332 billion, showing a 29 percent growth as compared to the last years corresponding period.
Iran-Turkiye value of trade exchanges was announced $3.34 billion last year (from Jan. to Aug. 2021).
Based on this report, Turkiyes export value of products to the Islamic Republic of Iran from Jan. to Aug. 2022 hit $1.950 billion, showing a 11 percent growth.
Accordingly, Turkiye had exported $1.752 billion worth of non-oil products to Iran from Jan. to Aug. 2021.
Turkiyes import of products from Iran in the first eight months of the current year in 2022 hit $2.382 billion, showing a 49 percent growth as compared to the same period of last year.
The balance of trade between Iran and Turkey in this period hit $432 million in favor of Iran, the report added.