Iran's Trade With India Hit $2.5b

EghtesadOnline: Iran’s exports stood at $653 million, registering a 59.57% rise compared with the previous year and Iran’s imports from India stood at $1.84 billion, registering a year-on-year rise of 43.86%

News ID: ۷۵۲۳۰۶

26 February 2023

Iran’s trade with India grew by 48% in 2022 compared with the year before to stand at $2.5 billion, latest data released by Indian Ministry of Commerce and Industry show.

Iran’s exports stood at $653 million, registering a 59.57% rise compared with the previous year.

The exported goods mainly included petroleum products worth $175 million, dye intermediates worth $152 million, fresh fruit worth $148 million and residual chemicals and allied products worth $40 million.

Iran’s imports from India during the period stood at $1.84 billion, registering a year-on-year rise of 43.86%.