Iran's Non-Oil Trade With Caspian States Declines 50 Percent

Iran traded 327,555 tons of non-oil commodities worth $129 million with Caspian Sea littoral states during the first Iranian month (March 21-April 20) to register a 7.71% rise in tonnage and a 49.59% decline in value compared with last year’s similar month.
Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 165,577 tons worth $62.17 million during the month, indicating an 11.13% and 23.08% decline in tonnage and value respectively year-on-year.
Imports stood at 161,978 tons worth $66.92 million, up 37.5% in tonnage and down 61.81% in value YOY.
Located between Europe and Asia, the Caspian Sea, the world's largest lake, is bounded by Kazakhstan to the northeast, Russia to the northwest, Azerbaijan to the west, Iran to the south and Turkmenistan to the southeast.