Domestic Economy

48% Growth in Iran's Trade With Eurasian Economic Union

48% Growth in Trade With EEU
48% Growth in Trade With EEU

Iran’s trade with Eurasian Economic Union’s member countries stood at $5.03 billion in the last fiscal year’s first 11 months (March 21, 2021-Feb. 19), registering a 48% growth compared with the corresponding period of last year, according to Hossein Kakhaki, a customs official.
Iran’s exports hit $1.08 billion, registering a 15% year-on-year rise.
Russia with $547.92 million topped the list of Iran’s export destinations in the EEU region, followed by Armenia with $278.73 million, Kazakhstan with $167.47 million, Kyrgyzstan with $74.08 million and Belarus with $16.23 million, IRNA reported.
Kakhaki noted that EEU member states exported $3.95 billion worth of goods to Iran during the same period, registering a 95% YOY rise.


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