Iran Non-Oil Trade With CIS Registers Sharp Decline

Iran’s non-oil trade with the nine members of the Commonwealth of Independent States, namely Russia, Azerbaijan, Kazakhstan, Armenia, Tajikistan, Uzbekistan, Kyrgyzstan, Belarus and Moldova, stood at 4.29 million tons worth $2.30 billion in the last Iranian year (ended March 20, 2018).
This indicates a decline of 22.77% and 31.08% in tonnage and value respectively compared with the year before, Financial Tribune’s data analysis based on the Islamic Republic of Iran Customs Administration's statistics indicate.
Iran exported a total of 2.55 million tons of non-oil goods worth $1.34 billion to these nine countries last year, registering an increase of 6.12% in tonnage and a decrease of 0.45% in Value, while the country’s imports stood at 1.74 million tons worth $959.95 million down by 44.76% and 51.87% in tonnage and value respectively year-on-year.