Economy, Domestic Economy

Iran's Trade With Afghanistan Tops $1 Billion

Trade With Afghanistan Tops $1 BillionTrade With Afghanistan Tops $1 Billion

Iran traded 2.79 million tons of non-oil commodities worth $1.43 billion with Afghanistan during the first five months of the current fiscal year (March 21-Aug. 22), registering a 15.46% and 31.75% growth in tonnage and value respectively compared with last year’s corresponding period, the latest data released by the Islamic Republic of Iran Customs Administration show. Iran’s exports to Afghanistan stood at 2.79 million tons worth $1.43 billion, up 15.87% and 32.49% in tonnage and value respectively year-on-year. Afghanistan was Iran’s fourth major export destination during the period. Iran mainly exported low-density oil, hydrocarbon and floorings to Afghanistan during the five-month period. Afghanistan exported 3,847 tons of goods worth $4.31 million to Iran, down 67.65% and 53.79% in tonnage and value respectively YOY. Afghanistan was the 73rd exporter of goods to Iran over the five months. The imports mainly included plants used for making perfume and pharmaceuticals, sesame and cattle.


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