Iran’s four-month trade with Caspian states hit $1.3 billion

Iran’s trade (excluding crude oil exports) with Caspian Sea littoral states stood at 2.45 million tons worth $1.34 billion during the first four months of the current fiscal year (March 21-July 22), according to the Islamic Republic of Iran Customs Administration.

28 August 2022
ID : 33997
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Iran’s trade (excluding crude oil exports) with Caspian Sea littoral states stood at 2.45 million tons worth $1.34 billion during the first four months of the current fiscal year (March 21-July 22), according to the Islamic Republic of Iran Customs Administration.

Iran’s northern port of Bandar Anzali is a hub of trade between Iran and the Eurasian countries.

Iran's trade (excluding crude oil exports) with Caspian Sea littoral states stood at 2.45 million tons worth $1.34 billion during the first four months of the current fiscal year (March 21-July 22), according to the Islamic Republic of Iran Customs Administration.

Russia was Iran’s main trading partner among Caspian states with 1.36 million tons worth $831.03 million during the period under review. It was followed by Azerbaijan Republic with 259,103 tons worth $245.32 million, Turkmenistan with 438,957 tons worth $142.84 million and Kazakhstan with 207,349 tons worth $125.62 million.

Iran’s exports hit 1.32 million tons worth $645.72 million.

Azerbaijan was Iran’s biggest export destination with 427,033 tons worth $232.29 million, followed by Russia with 250,496 tons worth $231.81 million, Turkmenistan with 438,957 tons worth $132.26 million and Kazakhstan with 207,349 tons worth $49.37 million.

Imports from the four countries under review hit 1.13 million tons worth $699.09 million.

Russia was the top exporter to Iran with 930,267 tons worth $598.74 million. It was followed by Kazakhstan with 172,760 tons worth $76.25 million, Turkmenistan with 18,212 tons worth $10.59 million and Azerbaijan with 8,606 tons worth $13.51 million.

Non-oil trade with Caspian states hit 7.91 million tons worth $3.48 billion in the fiscal 2021-22 (ended March 20) and reached 6.24 million tons worth $2 billion in the fiscal 2020-21.

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