Iran Turkey trade reached $6.01 billion in non-oil exchanges during the first five months of the current Iranian calendar year, from March 20 to August 21. The Islamic Republic of Iran Customs Administration reported this increase, highlighting a six percent rise in value and a 23 percent growth in trade weight compared to the same period last year.
The total weight of non-oil goods exchanged between the two countries reached 6.698 million tons. These figures position Turkey as Iran’s second-largest trading partner among its neighboring countries in this period. Analysts note that Iran Turkey trade continues to strengthen, reflecting growing economic cooperation.
In comparison, Iran-Turkey trade in 2024 reached $2.3 billion, marking a five percent increase from the previous year. The growth demonstrates steady progress despite regional economic challenges. Officials attribute this success to improved customs procedures and strengthened bilateral relations.
Mohammad Rezvanifar, head of Iran Customs Administration, announced that Iran’s non-oil trade with neighboring countries grew by 16 percent in the first five months, reaching $26.857 billion. The total weight of goods traded with neighbors reached 43.579 million tons, reflecting a ten percent year-on-year increase.
Rezvanifar identified Iraq, the United Arab Emirates, Turkey, Pakistan, and Afghanistan as the top importers of Iranian goods. Meanwhile, the UAE, Turkey, Russia, Oman, and Pakistan were the leading sources of imports. These trade flows highlight Iran’s strategic position in regional commerce.
Iran shares borders with 15 countries, including Turkey, Iraq, Afghanistan, Pakistan, Russia, and the UAE. This geographic location allows the country to act as a trade hub between Central Asia, the Middle East, and Europe. Experts suggest that Iran Turkey trade is a key driver of regional economic integration.
Economic analysts emphasize that continued growth in Iran Turkey trade could foster further investment and joint industrial projects. They also predict that trade diversification may reduce dependency on oil exports, boosting long-term stability.
Looking forward, officials plan to enhance customs cooperation and expand transportation infrastructure. They aim to increase the efficiency of border crossings and facilitate higher volumes of non-oil goods. These measures are expected to strengthen Iran Turkey trade further in the coming years.