February 04, 2022 20:30

Iran's Trade With EEU Increases 33% YOY to $2.2 Billion

Iran’s total exports to EEU reached 2.1 million tons worth $878 million, as imports stood at 2.9 million tons worth 1.3 billion, such that the value of exports increased by 19.2% and imports by 44.7% year-on-year

Trade with Eurasian Economic Union (except for Iran’s crude oil exports) stood at 4.9 million tons worth $2.2 billion in the current fiscal year’s first nine months (March 21-Dec. 21), according to a report published by Tehran’s Chamber of Commerce, Industries, Mines and Agriculture.
Iran's trade balance with all Eurasian countries, except Russia, was positive, the report shows.
It also indicates that Iran’s trade balance with Russia, Armenia and Belarus weakened but improved with Kyrgyzstan and Kazakhstan compared with the corresponding period of last year.
Russia was Iran’s biggest trade partner among EEU member states during the period, while Belarus was the smallest. Russia accounted for 49.3% and 95.1% of the total export and import value respectively.

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Iran and Eurasian Economic Union Relations