Iran’s trade with neighbors tops $28 billion in seven months

Published 2021년 11월 13일

Tridge summary

From March 21 to October 22 of the current fiscal year, Iran's trade with its 15 neighboring countries reached 61 million tons valued at $28.32 billion, with Iraq being the largest export destination and the UAE the main importer. Non-oil trade with these countries accounted for about half of Iran's total non-oil trade, which increased by 16.5% in weight and 43% in value compared to the previous year, totaling 145.7 million tons worth $73 billion. Essential goods such as machinery, industrial parts, and raw materials were the main imports, with the UAE, Turkey, and Russia being the leading exporters to Iran.

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Original content

EghtesadOnline: Iran’s trade with 15 neighboring countries stood at 61 million tons worth $28.32 billion in the current fiscal year’s first seven months (March 21-Oct. 22), according to the latest data released by the Islamic Republic of Iran’s Customs Administration. Total exports to these countries stood at 47.89 million tons worth $14.78 billion.Iraq with 19.74 million tons worth $5.48 billion was the biggest export destination. It was followed by Turkey with 11 million tons worth $3.4 billion, the UAE with 6.6 million tons worth $2.59 billion, Afghanistan with 2.79 million tons worth $1.13 million and Pakistan with 1.59 million tons worth $655.15 million.Total imports from neighboring countries during the period hit 13.58 million tons worth $13.54 billion.Shipments mainly came from the UAE with 6.87 million tons worth $8.6 billion, Turkey with 2.5 million tons worth $2.86 billion, Russia with 1.86 million tons worth $852.82 million, Iraq with 1.35 million tons worth ...

Source: Eghtesadonline.com