Iran’s trade with its 15 neighboring countries stood at $10.5 billion in the first quarter of the current fiscal year (March 21-June 21), data released by the Islamic Republic of Iran’s Customs Administration show.
The UAE with $5.52 billion worth of exchanges was Iran’s biggest trading partner among its neighbors during the period under review.
Total exports to these countries stood at $5.61 billion.
Iraq with $2.34 billion was the biggest export destination. It was followed by the UAE with $1.27 billion, Turkey with $595.28 million, Afghanistan with $596.5 million and Pakistan with $247.53 million.
Iraq, Turkey, Afghanistan, Pakistan, Russia, Oman, Azerbaijan, Turkmenistan, Kuwait, Qatar, Kazakhstan, Armenia, the UAE, Bahrain and Saudi Arabia are Iran’s neighboring countries.
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