Alwaght- Commercial relations between Iran and Turkey have increased by 80 percent this year, Financial Tribune reported on Monday.
The volume of trade relations between Tehran and Ankara saw a major increase during the seven months to ending on October 21 as compared to the last year’s corresponding period.
The report quotes Islamic Republic of Iran Customs Administration as saying that Iran exported 9.2 million tons of non-oil goods worth $3.2 billion to Turkey during the period to register a 316% upsurge year-on-year.
More than 987,000 tons of commodities worth $1.5 billion were imported from the neighboring country, which shows a 16% decline.
Gas, copper, aluminum, steel, zinc, petrochemicals, watermelons, pistachios and raisins are among Iran’s main exports to Turkey. The Islamic Republic’s imports from the neighboring country mainly include bananas, grains, cigarettes, tobacco, machinery, wood, cotton, beans, steel, pharmaceuticals, paper, shampoos and apparel.
The two sides plan to boost bilateral trade to $30 billion. Iran and Turkey are signatories to a preferential trade agreement.
