Iran traded 43.15 million tons of non-oil commodities worth $24.41 billion with its 15 neighboring countries; namely the United Arab Emirates, Iraq, Turkey, Afghanistan, Pakistan, Russia, Oman, Azerbaijan, Turkmenistan, Kuwait, Qatar, Kazakhstan, Armenia, Bahrain, and Saudi Arabia during the first eight months of the current fiscal (March 21-November 21) to register a 6.55% and 11.58% rise in tonnage and value respectively compared to last year’s corresponding period.
Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports to the neighboring countries totaled 39.08 million tons worth $17.84 billion during the period under review, indicating 10.5% and 33.62% increases in tonnage and value respectively year-on-year. Imports, on the other hand, stood at 4.07 million tons worth $6.56 billion, down in tonnage and value by 20.64% and 22.96% YOY.
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