Iran's trade with neighbors reaches $22.5B in H1 fiscal 2021-22

Published Oct 18, 2021

Tridge summary

In the first half of the current fiscal year, Iran's trade with its 15 neighboring countries reached 47.22 million tons valued at $22.59 billion. The majority of this trade, 36.09 million tons or $11.22 billion, was exports, with Iraq being the largest recipient. Imports totaled 11.14 million tons worth $11.37 billion, primarily from the UAE. Non-oil foreign trade increased by 47% compared to the previous year, totaling 79.1 million tons worth $45 billion. Essential goods made up 14.3 million tons or 88% of imports.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

EghtesadOnline: Iran’s trade with its 15 neighboring countries stood at 47.22 million tons worth $22.59 billion in the current fiscal year’s first six months (March 21-Sept. 22), according to the latest data released by Islamic Republic of Iran’s Customs Administration. Total exports to these countries stood at 36.09 million tons worth $11.22 billion.Iraq with 13.89 million tons worth $3.84 billion was the biggest export destination. It was followed by Turkey with 7.21 million tons worth $2.31 billion, the UAE with 5.81 million tons worth $2.43 billion, Afghanistan with 2.52 million tons worth $999.12 million and Pakistan with 1.36 million tons worth $554.13 million Total imports from neighboring countries during the period hit 11.14 million tons worth $11.37 billion.Shipments mainly came from the UAE with 5.92 million tons worth $7.31 billion, Turkey with 2.12 million tons worth $2.43 billion, Russia with 1.27 million tons worth $638.6 million, Iraq with 1.01 million ...

Source: Eghtesadonline.com