Iran and the Eurasian Economic Union member states traded a total of $2.1 billion worth of non-oil commodities in the last Iranian year (March 2020-21), which shows an 11% decline compared with the year before, figures released by Tehran Chamber of Commerce, Industries, Mines and Agriculture reveal.
Iran’s exports to EEU hit $1.1 billion, registering a 4% fall compared with the previous year while imports from the Eurasian bloc stood at around $1 billion, showing a 16.5% decrease.
Exports from Iran under the preferential trade agreement signed with EEU members stood at $256 million, accounting for close to 25% of the country’s exports to the bloc over the period under review.
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