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Iran's Trade With ECO Jumps 38% YOY to Near $5 Billion in Five Months

Iran's Trade With ECO Jumps 38% YOY to Near $5 Billion in Five Months
Iran's Trade With ECO Jumps 38% YOY to Near $5 Billion in Five Months

Iran and the Economic Cooperation Organization member states traded 7.94 million tons of commodities worth $4.97 billion during the first five months of the current Iranian year (March 21-Aug. 22), registering an 8% and 38% rise in volume and value respectively compared with the similar period of last year, according to the spokesperson of the Islamic Republic of Iran Customs Administration.
“Iran’s exports stood at 6.1 million tons worth $2.95 billion, which indicate a 22% and 50% growth in weight and value respectively year-on-year,” Rouhollah Latifi was also quoted as saying by IRNA.
Turkey was Iran’s biggest export destination among ECO members during the period with more than $1.1 billion, followed by Afghanistan with $855 million, Pakistan with $421 million, Uzbekistan with $174 million, Azerbaijan with $161 million, Turkmenistan with $117 million, Kazakhstan with $63 million, Kyrgyzstan with $27 million and Tajikistan with $9 million.

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