Iran's Exports to Turkmenistan Increases 14.6 Percent in H1
Spokesman of the International Relations and Trade Development Committee of Iran's House of Industry, Mining and Trade Rouhollah Latifi made the remarks, saying that Iran exported 702,000 tons of commodities worth $239.879 million to Turkmenistan in the six-month period which shows 12.1% increase compared to the previous year in terms of weight.
Agricultural and food products, medicine, household appliances, construction materials, electrical appliances, industrial equipment, plastic, consumer goods, and machinery were among the goods exported to Turkmenistan in the mentioned period, he added.
Based on customs data, Iran also imported 10,000 tons of goods valued at $12,285,660 in the first half of the current Iranian year, and the main imported goods were textiles, cloth, and yarn.
Latifi noted that Iran exported 1.359 million tons of commodities worth $445.17 million to Turkmenistan in the previous Iranian calendar year, most of which were agricultural and dairy products.
He added that last year, over 38,000 tons of goods valued at $38.657 million were also imported from Turkmenistan.
Turkmenistan’s total imports in 2023 stood at about $3.5 billion, of which the Islamic Republic of Iran's share was $445 million, Latifi said, adding that Iran accounted for about 12.5 percent of Turkmenistan's market share in 2023.
Customs officials from Iran and Turkmenistan had in August agreed to enhance customs cooperation and also the volume of the trade exchanges between the two countries.
In a meeting held between the Head of the Islamic Republic of Iran Customs Administration (IRICA) Mohammad Rezvanifar and the Chairman of the State Customs Service of Turkmenistan Maksat Khudaikulyev in Tehran, the two sides emphasized expanding and broadening cooperation in various fields.
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