March 13, 2022 19:36

Iran's Main Trade Partners Scrutinized

Iran's foreign trade, excluding crude oil exports, stood at 149.4 million tons worth $90 billion during the current fiscal year’s first 11 months (March 21, 2021-Feb. 19), registering a 12% and 38% growth in tonnage and value year-on-year

China, Iraq, Turkey, the UAE and Afghanistan were Iran’s top five export destinations during the current fiscal year’s first 11 months (March 21, 2021-Feb. 19), according to the spokesman of the Islamic Republic of Iran Customs Administration.
IRICA data show 112.65 million tons of goods (except crude oil) worth $43.52 billion were exported from Iran during the period, registering a 10% and 40% year-on-year growth in weight and value respectively.
“China with 25.63 million tons (up 4.5% year-on-year) worth $12.63 billion (up 56% YOY) was the main export destination,” Rouhollah Latifi was quoted as saying by Mehr News Agency.
The tonnage and value of exports to China saw a 4.5% and 56% rise respectively year-on-year.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Iran Foreign Trade Statistics