Iran-Türkiye trade volume reaches $17.5 billion
TEHRAN, Iran (MNTV) – Bilateral trade between Iran and Türkiye has witnessed a significant surge, reaching $17.5 billion as of February this year, with projections to hit $19 billion by the end of the year.
According to Tehran Times, Iran’s ambassador to Türkiye, Mohammad-Hossein Habibollahzadeh highlighted the increasing trade volume between Tehran and Ankara during a virtual session of the Iran-Türkiye Joint Transport Committee.
He emphasized the need for infrastructural improvements in rail, air, maritime, and port sectors to sustain the upward trend. Transit and transport volumes have increased by $7.0 billion this year alone.
Head of Iran’s Customs Administration Foroud Asgari noted that Türkiye ranked as Iran’s fourth-largest export destination over the past 11 months, while it was the third-largest source of imports, supplying commodities worth $11.1 billion to Iran.
With six million passengers and approximately 330,000 trucks crossing their shared borders last year, Iran and Türkiye have agreed to expand border crossings from three to five to accommodate the growing traffic.
Plans are also in place to enhance rail connectivity and increase flights between the two nations.
Iran’s Deputy Transport Minister, Saeed Rasouli, stressed the strategic importance of Iran and Türkiye within the southern Caspian Sea corridor linking China to Europe.
Transit cooperation will be a key focus in upcoming ministerial talks.
Türkiye’s Deputy Transport Minister, Durmush Enver, reaffirmed Ankara’s commitment to strengthening transport and transit collaboration.
He underscored the necessity of modern infrastructure investments and highlighted the importance of completing the Iran-Türkiye railway connection at the Cheshmeh Soraya border crossing.
The meeting addressed key transport and transit challenges, including easing border crossings, adjusting fuel pricing for Turkish trucks in Iran, and resolving tariff and restriction issues affecting fleets from both countries.
Discussions also covered the Tehran-Van passenger train, with proposals to extend its route to Ankara and Istanbul, as well as enhancing rail freight operations.
Other critical topics included the Iran-Türkiye rail link at the Cheshmeh Soraya-Dilucu border crossing, reconstruction of the Bazargan-Gurbulak border terminal, and road infrastructure leading to Turkish borders.
Plans for a new border crossing at Kouzeh Rash were also explored.
Additionally, both sides reviewed expanding air links and maritime cooperation, including potential port investments.
It was agreed that an in-person session of the Iran-Türkiye Transport Committee will be held in Tehran or Ankara after the holy month of Ramadan to finalize key decisions and further enhance bilateral transport ties.
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