TCCIM to Survey Trade Expansion With Thailand

EghtesadOnline: The 10th meeting of “Iran’s Export Capacities” with a focus on expanding trade ties with Thailand and identifying import demands in the southeast Asian country is scheduled to be held at Tehran Chamber of Commerce, Industries, Mines and Agriculture on June 19.

News ID: ۷۸۲۹۴۸

18 June 2018

TCCIM has invited businesspeople active or interested in the Thai market to take part in the meeting. More information on the upcoming event can be acquired through the hotline 021-88107636 (extension 3), Tehran Chamber of Commerce’s news portal reported.

The previous iterations of this meeting focused on surveying trade opportunities with Pakistan, Turkey, Iraq, Russia, the UAE, Oman, Azerbaijan, Kazakhstan and India.

Iran traded $1.08 billion worth of non-oil goods with Thailand during the last Iranian year (ended March 20, 2018)–53.17% more compared to the year before, making the Southeast Asian country Iran’s 17th biggest trading partner, Financial Tribune reported.

As per the Islamic Republic of Iran Customs Administration’s data, Iran exported 1.78 million tons of commodities worth $730.51 million to Thailand last year, posting a 54.93% and 89.83% increase in tonnage and value respectively year-on-year.

The exports mainly included metal, non-alloyed steel and semi-finished metal and steel products.

Thailand exported 582,644 tons of goods worth $349.54 million to Iran during the period under review, down 6.06% and up 9.13% in tonnage and value respectively YOY.