Turkey-Iran Economic and Commercial Relations

Bilateral Trade between Turkey and Iran

2015

2016

2017

2018

Export

2.67

4.96

3.26

2.40

Import

6.10

4.69

7.50

6.90

Volume

9.77

9.65

10.76

9.30

Balance

-2.43

0.26

-4.24

-4.50

Resource: Turkish Statistical Institute (Billion US Dollars)


Turkey’s main exports to Iran:
Steel profile, automotive supply products, fiberboard, gold land transportation vehicles, synthetic threads.

Turkey’s main imports from Iran: Raw petroleum materials, natural gas, plastics in primary forms, metals other than iron and organic chemicals.

Number of Iranian visitors: 1.6 million (2016), 2,5 million (2017), 2 million (2018)

Bilateral Cooperation Mechanisms:

- Joint Economic Commission (JEC): The last Session of JEC between Turkey and Iran was held on 25-26 November 2017 in Tehran.

- Business Council: Turkey-Iran Business Council was established in 2001.