Summary
- Iran → Turkey
- $2.5billion
- Turkey → Iran
- $3.1billion
- Iran’s balance
- -$642million
Balance
Iran’s trade balance with Turkey
Trade between Iran and Turkey grew 5.8-fold since 1995
USD billions (current). Iran’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 2.5
- Imports 3.1
- Balance -0.6
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $689 million | $266 million | $424 million |
| 1996 | $805 million | $292 million | $514 million |
| 1997 | $658 million | $392 million | $266 million |
| 1998 | $455 million | $299 million | $156 million |
| 1999 | $676 million | $235 million | $441 million |
| 2000 | $879 million | $281 million | $597 million |
| 2001 | $857 million | $411 million | $446 million |
| 2002 | $134 million | $405 million | -$270 million |
| 2003 | $126 million | $589 million | -$463 million |
| 2004 | $139 million | $909 million | -$769 million |
| 2005 | $225 million | $1.1 billion | -$836 million |
| 2006 | $454 million | $1 billion | -$573 million |
| 2007 | $656 million | $1.4 billion | -$743 million |
| 2008 | $661 million | $2 billion | -$1.3 billion |
| 2009 | $394 million | $2 billion | -$1.6 billion |
| 2010 | $1.1 billion | $3.4 billion | -$2.4 billion |
| 2011 | $1.7 billion | $4.1 billion | -$2.4 billion |
| 2012 | $1.4 billion | $9.8 billion | -$8.4 billion |
| 2013 | $1.7 billion | $5.3 billion | -$3.6 billion |
| 2014 | $2.1 billion | $5.1 billion | -$3 billion |
| 2015 | $1.5 billion | $4.6 billion | -$3.1 billion |
| 2016 | $3.2 billion | $5.6 billion | -$2.4 billion |
| 2017 | $4 billion | $4.1 billion | -$126 million |
| 2018 | $2.3 billion | $3.2 billion | -$841 million |
| 2019 | $1.6 billion | $4.3 billion | -$2.7 billion |
| 2020 | $1.3 billion | $3.4 billion | -$2.2 billion |
| 2021 | $5.3 billion | $3.9 billion | $1.4 billion |
| 2022 | $4.8 billion | $4.3 billion | $478 million |
| 2023 | $2.2 billion | $3.1 billion | -$882 million |
| 2024 | $2.5 billion | $3.1 billion | -$642 million |
What they sell each other
What Iran sells to Turkey
The top 10 headings in 2024, with their share of the total.
What Turkey sells to Iran
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Khorramshahr and Istanbul is 12,446 nautical miles (23,051 km) long: ≈ 29–37 days at sea (at 18 and 14 knots).
Because of the 2024 disruptions, traffic is split: 85% via the Strait of Hormuz, the Cape of Good Hope, the Strait of Gibraltar and the Dardanelles (12,446 nautical miles); and 15% via the Strait of Hormuz, the Bab-el-Mandeb Strait, the Suez Canal and the Dardanelles (4,224 nautical miles).
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Turkey was Iran’s 2nd largest trading partner (15% of its trade), and Iran was Turkey’s 27th (0.9%).
- Turkey in Iran’s trade
- 15.5%
- Turkey’s rank among Iran’s partners
- 2nd
- Iran in Turkey’s trade
- 0.9%
- Iran’s rank among Turkey’s partners
- 27th
Compare with
Other partners of Iran
Other partners of Turkey
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.