Iran's Q1-3 Trade With Neighbors Surges 42% YOY to $36.8b

Iran traded 75.17 million tons of goods worth $36.81 billion with its 15 neighbors during the current Iranian year’s first nine months (March 21-Dec. 21, 2021), registering an 18% and 42% rise in weight and value respectively compared with the similar period of last year, according to the head of Islamic Republic of Iran Customs Administration. 
“The weight and value of trade with neighbors accounted for 61% and 51% of Iran’s total exchanges with other countries respectively during the period,” Alireza Moqaddesi was also quoted as saying by IRNA. 
Iran’s exports to its neighbors stood at 57.33 million tons worth $18.76 billion during the period, registering a 9% and 24% year-on-year increase in weight and value respectively.