Iran’s Exports to EAEU Up 27% While Imports Decline by 60%

EghtesadOnline: Iran’s exports to the EEU stood at 3.44 million tons worth $1.48 billion in the fiscal 2022-23, while imports hit 2.93 million tons worth $1.76 billion.

News ID: ۷۵۲۴۷۲

01 May 2023

Iran traded 6.37 million tons of goods (excluding crude oil exports) worth $3.25 billion with the Eurasian Economic Union’s member states in the fiscal 2022-23, registering a 51.44% and 42.27% drop in terms of weight and value respectively compared to the year before, latest data released by the Islamic Republic of Iran Customs Administration show.

Russia was the main trade partner among EEU members during the period with 4.04 million tons worth $2.32 billion of exchanged goods. It was followed by Armenia with 1.47 million tons worth $478,274 and Kazakhstan with 750,955 tons worth $320,145.

Iran’s exports to EEU stood at 3.44 million tons worth $1.48 billion, registering a 24.32% and 27.2% rise in terms of weight and value respectively.