Q1-3 Trade With Neighbors Tops $38b

Iran traded 60.21 million tons of goods worth $38.51 billion, excluding crude oil exports, with the 15 neighboring countries sharing land or sea borders, during the first three quarters of the current Iranian year (March 21-Dec. 21), registering a 19.89% fall in terms of weight, but a 4.62% rise in terms of value year-on-year.
The latest data released by the Islamic Republic of Iran Customs Administration show the UAE was the main trade partner of Iran during the period with 18.04 million tons worth $17.42 billion. It was followed by Turkey with 8.37 million tons worth $8.28 billion and Iraq with 15.02 million tons worth $5.39 billion.
Exports stood at 44.54 million tons worth $18.42 billion during the nine months, registering a 22.29% and 1.78% decline in terms of weight and value, respectively.