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Iran's Trade With Six Persian Gulf States Near $32 Billion in Fiscal 2021-22

Iran's Trade With Six Persian Gulf States Near $32 Billion in Fiscal 2021-22
Iran's Trade With Six Persian Gulf States Near $32 Billion in Fiscal 2021-22

Iran traded 60.87 million tons of goods worth $31.9 billion with six Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, in the fiscal 2021-22 (ended March 20), latest data released by the Islamic Republic of Iran Customs Administration show.
The UAE was Iran’s top trade partner among the states under review with 23.48 million tons worth $21.46 billion. It was followed by Iraq with 32.58 million tons worth $10.11 billion and Kuwait with 3.6 million tons worth $172.89 million.
Iran’s exports totaled 45.43 million tons worth $14.15 billion.
Iraq was the main export destination with 29.88 million tons worth $8.92 billion and was followed by the UAE with 10.76 million tons worth $4.93 billion, Kuwait with 2.59 million tons worth $158.07 million, Qatar with 1.81 million tons worth $133.65 million, Bahrain with 14,498 tons worth $9.73 million and Saudi Arabia with 429 tons worth $41,405.

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