Iran’s trade with the Shanghai Cooperation Organization member states stood at 28.22 million tons worth $18.09 billion during the current fiscal year’s first seven months (March 21-Oct. 22), according to the latest statistics announced by the Islamic Republic of Iran Customs Administration.
China with 18.82 million tons worth $13.8 billion, India with 4.21 million tons worth $1.78 billion and Russia with 2.46 million tons worth $1.17 billion were Iran’s top trade partners in the bloc.
Exports to the eight SCO member states hit 23.41 million tons worth $10.1 billion.
With 16.89 million tons of imports worth $7.69 billion, China led the pack and was followed by India with 3.54 million tons worth $999.86 million and Pakistan with 1.59 million tons worth $655.15 million.
Imports stood at 4.8 million tons worth $8.03 billion.
China also topped the list of exporters to Iran among SCO members with 1.93 million tons worth $6.11 billion. It was followed by Russia with 1.86 million tons worth $852.82 million and India with 672,776 tons worth $783.68 million.
Iran’s trade with SCO hit 47.93 million tons worth $25.63 billion in the fiscal 2020-21 (ended March 20, 2021).
Exports to SCO members stood at 38.88 million tons worth $12.26 billion during the period.
The top three export destinations were China with 26.96 million tons worth $8.08 billion, India with 7.6 million tons worth $1.28 billion and Pakistan with 2.55 million tons worth $1 billion during the period under review.
Imports from SCO member states hit 9.05 million tons worth $13.37 billion in the last fiscal year.
The imports mainly came from China with 3.56 million tons worth $9.84 billion, India with 2.21 million tons worth $2.14 billion and 2.93 million worth $1.07 billion during the period.
Shanghai Cooperation Organization’s member states are China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Uzbekistan, India and Pakistan.