Iran-Turkey trade significant increase
Iran-Turkey, Economics, 4/29/2006

The volume of trade exchanges between Iran and Turkey reached more than 1.144 billion dollars during the first three months of 2006, showing a near 37 percent increase compared to figures released for the same period in the previous year.

The volume of trade exchanges between the two sides stood at 835.882 million dollars in three first months of 2005.

According to Turkey's State Statistical Institution, Turkey exported 68.343 million dollars worth of commodities to Iran in March, 2006 alone and imported 462.056 million dollars from the country in the same month. The figures stood at 84.832 and 263.039, respectively, in March 2005.

Turkey exported 186.305 million dollars worth of goods to Iran during the first three months of 2006 and imported 957.978 million dollars, the figures pointing to an over 20 percent decrease and a 59 percent increase, respectively, compared to those in the same period in 2005.

The volume of trade exchanges between Tehran and Ankara hit 4.4 billion dollars in 2005, the figure showing an over 57.4 percent boost.

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