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

Iran
Published Sep 21, 2021

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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.

Original content

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 Malaysia $42 million were the other export destinations.Import from Muslim countries stood at 7.2 million tons worth $5.2 billion during the same period, registering a 50% and 54% YOY growth in weight and value respectively.The UAE with $5.4 billion was the top exporter to ...
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