Quarterly export of Iranian fresh fruits to India doubles yr/yr

Published Jun 7, 2024

Tridge summary

In the first quarter of 2024, Iran's export of fresh fruits to India has seen a significant increase of 100% in value compared to the same period in the previous year, as reported by the Indian Ministry of Trade and Commerce. Despite this, Iran's rice imports from India experienced a 20% decrease during the same timeframe. The total trade value between Iran and India for the first quarter of 2024 was $520 million, marking a 2% increase from the same period in the previous year. Indian exports to Iran saw an 11% increase, reaching $356 million, while Iran's exports to India experienced a 12% decrease, totaling $164 million.

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

Original content

TEHRAN - Iran’s export of fresh fruits to India doubled in the first three months of 2024 compared to the same period last year, according to the Indian Ministry of Trade and Commerce. In this period, Iran’s import of rice from India registered a 20 percent decline compared to the same period last year while Iran’s export of fresh fruits to India increased twofold. The ministry put the total value of the trade exchanges between Iran and India in the first three months of 2024 at $520 million, showing a two percent growth compared to last year’s corresponding period. The value of the trade exchanges between Iran and India in the first three months of 2023 stood at over $510 million. India exported $356 million of products to Iran from January to March 2024, showing an 11 percent hike. India had exported $322 million of products to Iran from January to March 2023. According to the report, India imported $164 million of products from Iran ...

Source: Tehrantimes