Recent statistics show that the Islamic Republic of Iran was the third major trade partner of Turkey in the first three quarters of 2012, PressTV reported. According to the figures released by the Turkish Statistical Institute, the level of trade between Tehran and Ankara stood at USD 17.52 billion in the first eight months of the current year, ISNA reported.
Turkey imported USD 8.94 billion in goods from Iran, and exported USD 8.58 billion in goods to the Islamic Republic during this period.