Exports to Ukraine Up 75%, Imports Down 22%

EghtesadOnline: Iran’s non-oil exports to Ukraine amounted to $70 million in 2017, registering a 75% rise compared to the year before, Iran’s Ambassador in Kiev Mohammad Beheshti Monfared said.

News ID: ۷۸۲۳۶۰

17 April 2018

Iran imported $552 million worth of Ukrainian goods during the same period, down by 22% year-on-year, IRNA reported.

“Considering the two countries’ huge capacities, the expansion of mutual cooperation in the fields of energy, transport, agriculture, power plants, aviation and pharmaceuticals has bright prospects,” Beheshti said, adding that the two sides can multiply the volume of trade.

Ukraine mainly exports agro products such as grains and vegetable oils to Iran, while Iran generally exports petrochemical products, drugs and food products, including processed vegetable, fruits and nuts, to Ukraine. In view of its geopolitical position, Ukraine can be an ideal trade partner of Iran since it can transport goods via air, land or sea, Financial Tribune reported.

On the other hand, Ukraine can also help Iranian businessmen undertake trade with other European countries.

An Iranian delegation comprised of 30 businessmen and representatives from 80 Iranian companies active in the fields of transportation, pharmaceuticals and tourism paid a visit to Ukraine in September 2017.