Iran's Trade With OIC Tops $21 Billion

Iran’s trade with the member states of the Organization of Islamic Cooperation, excluding Iranian crude oil exports, reached 33.67 million tons worth $21.01 billion during the first five months of the current fiscal year (March 21-Aug. 22), registering a 4.14% decline in weight, but a 18.93% growth in value year-on-year, latest data released by the Islamic Republic of Iran Customs Administration show.
The UAE with 9.6 million tons worth $8.85 billion was Iran’s top trade partner among OIC member states, registering a 0.86% and 19.28% growth in terms of weight and value YOY, respectively.
It was followed by Turkey with 4.84 million tons (up 57.93%) worth $4.49 billion (up 46.53%) and Iraq with over 8.7 million tons (down 30.91%) worth $3.03 billion (down 11.98%).