Trading With Caspian States Gains Pace During 8 Months

Iran's trade (excluding crude oil exports) with Caspian Sea littoral states reached 4.62 million tons worth $2.49 billion during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 17.47% rise in value, but a 5.2% fall in terms of weight compared to the similar period of last year, according to the Islamic Republic of Iran Customs Administration.
Russia was Iran’s main trading partner among the Caspian states with 2.63 million tons (up 23.73%) worth $1.48 billion (up 8.36%) during the period under review. It was followed by Azerbaijan with 517,497 tons (down 9.42%) worth $484,993 million (up 32.87%), Turkmenistan with 924,553 tons (down 0.16%) worth $311,820 million (up 35.58%) and Kazakhstan with 560,878 tons (up 30.62%) worth $209,164 million (up 39.11%).
Iran’s exports exceeded 2.64 million tons worth $1.33 billion during the period, registering a 7.56% and 29.44% rise in weight and value respectively.