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BRICS Accounts for 30% of Iranian Non-Oil Trade

Iran’s exports to BRICS members stood at $10.49 billion from March 21, 2018, to Feb. 19, indicating a 2.22% increase, while imports were worth $13.19 billion, down 12.69% year-on-year
BRICS Accounts for 30% of Iranian Non-Oil TradeBRICS Accounts for 30% of Iranian Non-Oil Trade

Iran traded 43.94 million tons of non-oil commodities worth $23.68 billion with BRICS nations during the 11 months to Feb. 19, registering a 9.47% and 8.34% decline in tonnage and value respectively compared with last year’s corresponding period.
Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 36.69 million tons worth $10.49 billion during the period, indicating a 10.49% and 2.22% decrease in tonnage and value respectively year-on-year.
Imports stood at 7.24 million tons worth $13.19 billion, down 3.93% and 12.69% in tonnage and value respectively YOY.
BRICS is the acronym for an association of five major emerging economies: Brazil, Russia, India, China and South Africa.

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