February 20, 2023 20:09

Trade With BRICS Reaches $31.8b During 10 Months

Iran’s exports to BRICS member states, namely Brazil, Russia, India, China and South Africa, reached 31.63 million tons worth $15.16 billion as imports hit 7.57 million tons worth 16.64 billion during March 21, 2022-Jan. 20

Iran’s trade with BRICS member states, namely Brazil, Russia, India, China and South Africa, reached 39.2 million tons worth $31.8 billion during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), according to the latest data released by the Islamic Republic of Iran Customs Administration, which excludes crude oil exports from the country in its statistics.
China was Iran’s main trade partner among BRICS members with 29.17 million tons worth $25.3 billion. India came next with 5.91 million tons worth $4.01 billion. It was followed by Russia with 3.11 million tons worth $1.79 billion, Brazil with 457,473 tons worth $396.62 million and South Africa with 541,082 tons worth $294.63 million.
Iran’s exports stood at 31.63 million tons worth $15.16 billion.

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Iran Foreign Trade Statistics

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shapourb_8860 - Permalink

BRICS is a counterweight to US dominated organizations and with additional members such as Iran, Saudi Arabia, Turkey, Argentine and other countries will become an economic and political force in the world.