October 21, 2022 19:43

$13.9b in Trade With Persian Gulf States During 6 Months

Iran’s exports to Persian Gulf states reached 18.41 million tons (down 14.44% YOY) worth $6.64 billion (up 6.72% YOY), during March 21-Sept. 22, while imports reached 5.27 million tons (down 23.95% YOY) worth $7.32 billion (down 6.33% YOY)

Iran traded 23.68 million tons of goods worth $13.96 billion with the six Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, during the first six months of the current fiscal year (March 21-Sept. 22), registering a 16.76% and 0.54% decline in terms of weight and value compared with the similar period of last year respectively, latest data released by the Islamic Republic of Iran Customs Administration show.
The UAE was Iran’s top trade partner among the countries under review with 10.92 million tons worth $10.31 billion, registering an 84.5% and 8.06% year-on-year growth in weight and value, respectively.
It was followed by Iraq with 9.93 million tons (down 33.33%) worth $3.47 billion (down 19.98%) and Kuwait with 2.35 million tons (up 93.27%) worth $87.03 million (up 21.17%).

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Iran Foreign Trade Statistics