Economy, Domestic Economy

Iran-Russia Non-Oil Trade Tops $540m

Iran-Russia Non-Oil Trade Tops $540mIran-Russia Non-Oil Trade Tops $540m

Iran traded 645,158 tons of non-oil commodities worth $546.24 million with Russia during the first four months of the current fiscal year (March 21-July 22).  This marks a 33.93% and 130.35% growth 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 to Russia stood at 171,496 tons worth $93.56 million, up 29.39% and 36.84% in tonnage and value respectively year-on-year. Russia was Iran’s 21st biggest export destination during the period. Iran mainly exported apples, tomato and kiwi to Russia during the four-month period. Meanwhile, Russia exported 473,662 tons of goods worth $452.68 million to Iran, up 35.66% and 168.22% in tonnage and value respectively YOY. Russia was the 8th biggest exporter of goods to Iran over the four months. The imports mainly included nuclear reactor parts, radio navigation devices and field corn.


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