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Saturday, November 3, 2012
Iran-Turkey Trade Exchanges Exceed $17.5bln

Iran-Turkey Trade Exchanges Exceed $17.5bln
News number: 9107116686 15:50 | 2012-11-03
http://english.farsnews.com/newstext.php?nn=9107116686

TEHRAN (FNA)- The trade exchanges between Iran and Turkey have reached
$17.52bln since the beginning of the current Iranian year (started on March
20, 2012), the latest statistical report showed.

According to the figures released by the Turkish Statistical Institute, Iran
becomes Turkey's third biggest business partner with a trade exchange of
$17.52bln.

Turkey imported $8.94 billion in goods from Iran, and exported $8.58 billion
in goods to the Islamic Republic during this period.

Trade between Turkey and Iran has risen sharply over the past decade.

Turkey was Iran's fifth-largest oil customer in 2011, buying around 200,000
barrels per day, 30 percent of its total imports and more than 7 percent of
Iran's oil exports.

The two countries officials stressed the necessity for stronger relations
and pursuing the planned increase of mutual trade to $30bln by 2015.

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