Iran’s commercial exchanges with Pakistan reached $1.3 billion during the last fiscal year (March 2017-18), marking a rise of close to 15% compared to the year before, Iran’s ambassador to Pakistan said. “Iran’s exports to the neighboring country grew by 16% in value and 5% in tonnage year-on-year, going up from $795 million to $924 million,” Mehdi Honardoost was also quoted as saying by IRNA. As per the Islamic Republic of Iran Customs Administration’s data, Pakistan was Iran’s 13th biggest trading partner last year. The exported goods mainly included pistachio, tar, steel, fruit juice concentrate, apples and tomatoes. IRICA’s data show Pakistan exported 363,851 tons of goods worth $392.82 million to Iran last year, up 6.10% and 7.78% in tonnage and value respectively YOY. Pakistan’s imported goods to Iran mainly included semi-milled rice, wholly-milled rice and sesame seed.
