Domestic Economy

9.4% Decline in Iran's Non-Oil Trade With EEU


Iran and Eurasian Economic Union member states traded a total of $1.9 billion worth of commodities, excluding crude oil, during the first 11 months of last Iranian year (March 20, 2020-Feb. 18) to register a 9.4% decline year-on-year, data released by Tehran Chamber of Commerce, Industries, Mines and Agriculture show.
The figure accounts for close to 3% of Iran’s total foreign trade over the period, Mehr News Agency reported.
Iran’s exports to EEU members hit 2.4 million tons of non-oil products worth $933 million, registering a 17% and 4% year-on-year decrease in volume and value respectively.


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