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How did Turkey become Iran's first export destination?

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اکوایران · · Source

🇹🇷 Turkey · Map

How did Turkey become Iran's first export destination?

How did Turkey become Iran's first export destination?

Parisa Arfani.

▫ Turkey became Iran's first export destination in the first half of 1,405. This country's share of Iran's total exports increased from 10.6% in the corresponding period of the previous year to about 22%; A change that made Turkey's position on Iran's business map more prominent.

▫ However, increasing the share of a business partner does not necessarily mean balanced business development. Part of that change should be found in reducing Iran's exports to other important destinations, including China, Iraq and the United Arab Emirates.

▫ Turkey has been one of the country's most important trade partners since the past due to its neighborhood with Iran and the availability of road and rail routes.

▫ But the statistics for the first six months of 1,405 show that the trade composition of the two countries has also changed. The increase in Iran's exports, the decrease in the value of imports from Turkey and the increase in the volume of exchanges were the three main developments in bilateral trade.

Full report on the Echo Iran website.

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