Iran-SCO’s Member States Trade Exceeds $21 Billion in 6 Months: Spokesman

EghtesadOnline: Approx. 37 million tons of goods, valued at $21.7 billion, were exchanged between Iran and member states of the Shanghai Cooperation Organization (SCO) in the first half of the current Iranian calendar year (March 21 to September 22, 2023).

News ID: ۸۰۵۵۰۴

27 October 2023

Spokesman for the Trade Promotion Commission of Iran’s House of Industry, Mine and Trade Seyed Rouhollah Latifi said this on Wednesday concurrent with the participation of Iranian First Vice President Mohammad Mokhber at the 22nd Meeting of Prime Ministers of Shanghai Cooperation Organization (SCO).

He said that 36,982,692 tons of products, valued at $21,736,834,106, were exchanged between Iran and 11 member states of the SCO in the first six months of the current Iranian calendar year.

Of the total volume of goods exchanged between Iran and the SCO member states, over 31 million tons of non-oil products, valued at over $10 billion, were exported from Iran to the SCO member states.

This is while Iran imported over 5 million tons of non-oil goods, valued at more than $11 billion, from SCO member states in this period.

Iran’s non-oil trade with SCO member states from March 21 to September 22, 2023 registered a 42 and a 10 percent hike in weight and value respectively, Latifi added.

He went on to say that Iran’s import of products from SCO member states in the first half of the current Iranian calendar year showed a 21 and a 24 percent growth in weight and value respectively compared to last year’s corresponding period.

In this timespan, China, India, Pakistan, Afghanistan and Russia were the first to five countries that imported $69 billion, $1.1 billion, $939.3 million, $815.8 million and $440.4 million worth of products from Iran respectively, the spokesman maintained. / Tasnim