TEHRAN (Iran News) –The Statistical Department of Turkey in its latest report announced that the value of trade exchanged with the Islamic Republic of Iran in the first two months of the current year (January-February) has reached $921 million.
The volume of trade exchanged between Iran and Turkey in the first two months of the current year has registered an 11 percent decline as compared to the same period of last year.
Iran and Turkey exchanged $1.38 billion worth of products in January-February 2022.
According to this report, Turkey’s export of products to Iran in January-February 2023 hit $471 million, showing a 1.5 percent growth as compared to the last year’s corresponding period.
Accordingly, Turkey exported $464 million worth of products to the Islamic Republic of Iran in January-February 2022.
Another statistic indicated that Turkey’s import of products from Iran in the same period hit $451 million, recording a 21 percent decline as compared to the same period of last year.
Turkey imported $574 million worth of products from Iran in January-February 2022.
The balance of trade between the two countries of Iran and Turkey in the first two months of the current year in 2023 reached $21 million in favor of Turkey.
The trade value exchanged between Iran and Turkey in 2022 had amounted to $6.420 billion, indicating a 15 percent growth, the report added.
Meanwhile on Thursday, the Civil Aviation Organization of the Islamic Republic of Iran (CAA) announced that the number of weekly flights between Iran and Turkey will increase by nearly 20%.
CAA’s spokesman Jafar Yazarlou said that Tehran and Ankara have signed a memorandum of understanding (MoU) to increase the number of flights between the two countries by 40 to 260 per week.
Yazarlou said the aviation MoU signed between Iran and Turkey will also cover training courses for airport staff and technicians.
In recent years officials of both countries have decided to broaden their cooperation in all fields especially in their trade ties.
