Iran's Trade with Neighbors Surges 45% YOY to $33b in 8 Months

Iran traded 68 million tons of goods worth $33 billion with its 15 neighboring countries during the current Iranian year’s first eight months (March 21-Nov. 21), registering a 19% and 45% rise in weight and value respectively compared with the similar period of last year, according to the spokesperson of the Islamic Republic of Iran Customs Administration. 
“The tonnage and value of trade with neighbors accounted for 62% and 52% of Iran’s total foreign trade during the eight months under review,” Rouhollal Latifi was also quoted as saying by ILNA.
According to the official, 83.74 million tons of goods worth $31.1 billion were exported during the period, around 52.39 million tons of which worth $16.66 billion (constituting 62% and 53% of the weight and value of the overall export respectively) were shipped to Iran’s 15 neighbors.