The statistics indicate that the volume of trade exchanges between the two countries from January to October 2023 registered a 16 percent decline compared to the same period of last year.
The figure had exceeded $5.3 billion from January to October 2022.
Turkey had exported $2.49 billion worth of products to Iran from January to October 2022, the rate of which hit $2.55 billion in the first 10 months of 2023, showing a three percent up compared to the same period of last year.
According to this report, Turkey exported $347 million worth of products to Iran in October 2023, registering a 25 percent growth compared to the last year’s corresponding period.
Turkey had exported $277 million worth of products to Iran in October 2022 and imported $212 million worth of goods from Iran in this period.
The volume of trade exchanges between Iran and Turkey in October 2023 reached $510 million, the report added.