Iran's Trade With EEU Surges 30% to $1.3 Billion During 5 Months

EghtesadOnline: During March 21-Aug. 22, Iran’s export reached $522 million, indicating a 15% year-on-year rise while imports hit $804 million, showing a 43% rise.

News ID: ۷۵۱۹۰۱

19 September 2022

Iran and the Eurasian Economic Union traded $1.32 billion worth of goods (excluding crude oil) during the first five months of the current Iranian year (March 21-Aug. 22), registering a 30% increase compared with the corresponding period of last year, according to the head of the Islamic Republic of Iran Customs Administration.

“Iran’s export reached $522.14 million, indicating a 15% year-on-year rise while imports hit $804.25 million, showing a 43% rise,” Alireza Moqaddesi was also quoted as saying by IRNA.

Russia was Iran’s biggest export destination among EEU member states during the period with $291.23 million worth of imports, followed by Armenia with $144.1 million, Kazakhstan with $61.2 million, Kyrgyzstan with $18.42 million and Belarus with $7.18 million.