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Iran-Turkey bilateral trade declines by 70 pct in 3 months

Iran-Turkey bilateral trade declines by 70 pct in 3 months

| @indiablooms | 02 May 2020, 11:55 am

Tehran/Xinhua/UNI:  Iran's trade with Turkey reached 645.44 million U.S. dollars in value during the first three months of the current year, Financial Tribune daily reported on Saturday.

The figure registered a decrease of 70.03 percent compared with bilateral trade exchanges in the corresponding period of the previous year, said the report.

Iran exported 269.65-million-U.S. dollar worth of goods to Turkey in January, February and March, while the country imported 375.79 million U.S. dollars of goods from Turkey in the same period.

Iran was Turkey's 31st biggest trading partner during the period under review.

On April 23, Iran and Turkey called for maintaining bilateral trade relations with adherence to the health protocols pertaining to novel coronavirus pandemic.

Iran and Turkey are among the countries hard-hit by the COVID-19 outbreak. 

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