Iran's transactions with Muslim countries topped $17 billion in five months

Published 2021년 9월 20일

Tridge summary

During the first five months of the current fiscal year, Iran's trade with Muslim countries reached 34.5 million tons worth $17.1 billion, with a non-oil trade surplus of $1 billion. The UAE was the top exporter to Iran, while Iraq was the biggest export destination. Non-oil exports saw a 20% increase in weight and a 63% increase in value, and imports experienced a 54% increase in value. The Islamic Chamber of Commerce, Industry and Agriculture, an organization representing 56 Muslim member states, recently welcomed the Iran Chamber of Commerce, Industries, Mines and Agriculture as a member of its board of directors for the 2021-25 term.

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Original content

EghtesadOnline: Iran’s trade with Muslim countries stood at 34.5 million tons worth $17.1 billion during the first five months of the current fiscal year (March 21-Aug. 22), according to the spokesperson of the Islamic Republic of Iran Customs Administration. Exports hit 27.3 million tons worth $9.1 billion, registering a 20% and 40% growth in weight and value respectively, year-on-year.“Iraq was the biggest export destination with $3.1 billion, followed by the UAE with $1.9 billion, Turkey with $1.1 billion and Afghanistan with $855 million. These four Muslim countries have been among Iran’s top five export destinations in the world in recent years,” Rouhollah Latifi was also quoted as saying by Mehr News Agency.Indonesia with $458 million, Pakistan $421 million, Oman $228 million, Uzbekistan $174 million, Azerbaijan $161 million, Turkmenistan $117 million, Syria $86 million, Algeria $66 million, Kazakhstan $63 million, Qatar $58 million, Kuwait $52 million and ...

Source: Eghtesadonline.com