Iran's Trade With UAE Dips 3%

EghtesadOnline: Iran traded 9.48 million tons of non-oil commodities worth $6.16 billion with the UAE during the first five months of the current fiscal year (March 21-Aug. 22), registering a 2.08% and 3.39% decline in tonnage and value respectively compared with last year’s corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show.

News ID: ۷۸۳۹۵۴

10 September 2018

Iran’s exports to the UAE stood at 7.71 million tons worth $3.49 billion, down 0.56% in tonnage and up 33.13% in value year-on-year. The UAE was Iran’s second major export destination during the period. Iran mainly exported gas condensates, cathode and mineral products to the UAE during the five-month period. The UAE exported 1.77 million tons of goods worth $2.66 billion to Iran, down 8.16% and 28.95% in tonnage and value YOY respectively. It was also the second major exporter of goods to Iran during the period. The imports mainly included cellphones, benzene and machinery, Financial Tribune reported.