Iran’s non-oil trade with Persian Gulf littoral states, namely the UAE, Iraq, Kuwait, Qatar, Bahrain and Saudi Arabia, amounted to $23.89 billion in the last Iranian year (ended March 20, 2018), indicating an increase of 16.81% compared to the year before, Financial Tribune’s data analysis based on the Islamic Republic of Iran Customs Administration's statistics indicates.
Iran exported $13.69 billion worth of non-oil goods to these six countries last year, registering a decrease of 1.58%, while the country’s imports stood at $10.20 billion up by 55.96% compared to the year before.
Iran-UAE trade stood at $16.83 billion during the period, up by 21.18% year-on-year, making the Arab nation Iran’s biggest trading partner among the six countries under review.
The UAE was Iran’s second biggest trading partner in the world last year after China.
June 30, 2018 18:37
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Iran's Non-Oil Trade With Persian Gulf Arab States Increases Over 16%
Iran-UAE trade stood at $16.83 billion during the period, up by 21.18% year-on-year, making the Arab nation Iran’s biggest trading partner among the six countries under review and the country’s second biggest trading partner after China
Iran’s trade with Qatar saw the highest rise (137.38%) compared to other Persian Gulf littoral states to stand at $272.34 million last year
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