Azerbaijan, Baku, Aug.31/ Trend R.Zamanov
Iran and Turkey's non-oil trade volume exceeded $1.6 billion in the first four months of the current Iranian calendar year, which started on March 21.
Iran's export accounted for $15.2 million of the mentioned amount, which is by 1.5 per cent more than the same period of the previous year, the ISNA News Agency reported.
Zinc ingot, aluminum ingot, refined copper, and different kinds of polyethylene were the main items exported by Iran.
Turkey's export also accounted for $10.9 billion, which is by 40.5 per cent more than the previous year's figure.
Wheat, rice, iron and steel ingot, oil, banana, and lentil were the main goods exported by Turkey.
Iranian deputy trade minister Hamid Safdel said in Mars that Tehran and Ankara have potential to increase the volume of trade turnover.
In an interview with the Turkish newspaper Dunya, he referred to the current level of bilateral trade, which amounts to $20 billion, as insignificant, and added that a preferential trade agreement will be signed in the current year between the two neighbors.
He pointed to the establishment of 2,300 Iranian companies in Turkey.
"The visit of about two million Iranian tourists to Turkey is also a good sign of tourism cooperation between Iran and Turkey, but it cannot be said that in spite of this potential, the tourism between the two countries is assessed as quite satisfactory," he said.
In January, IRNA cited data of Turkey's statistics center, indicating that the volume of trade between Iran and Turkey exceeded $20.8 billion in the first 11 months of 2012, increased by 40 per cent compared to the same period in 2011.
Turkey's exports to Iran amounted to $7 billion during the mentioned period, mainly due to the export of gold to Iran.
Oil, gas, and petrochemicals account for a lion's share of Iran's export to Turkey.
In December, 2012 Iran's Ambassador to Turkey Bahman Hosseinpour said that the trade volume between Tehran and Ankara can potentially increase fivefold - to as high as $100 billion a year.
The Iranian ambassador added that ample investment opportunities await Turkish investors in Iran.
The volume of the trade between Iran and Turkey exceeded $16 billion in 2011. The two countries plan to increase the level of their bilateral trade volume to $30 billion by 2015.