Iran’s seven-month trade with Eurasian Economic Union states hit $1.8 billion

Trade between Iran and the Eurasian Economic Union’s member states exceeded 3.38 million tons worth $1.8 billion during the current Iranian year’s first seven months (March 21-Oct. 22), data released by the Islamic Republic of Iran Customs Administration show.

14 November 2022
ID : 34227
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Trade between Iran and the Eurasian Economic Union’s member states exceeded 3.38 million tons worth $1.8 billion during the current Iranian year’s first seven months (March 21-Oct. 22), data released by the Islamic Republic of Iran Customs Administration show.

Iran’s northern port of Bandar Anzali is a hub of trade between Iran and the Eurasian countries. (Photo: ISNA)

Trade between Iran and the Eurasian Economic Union’s member states exceeded 3.38 million tons worth $1.8 billion during the current Iranian year’s first seven months (March 21-Oct. 22), data released by the Islamic Republic of Iran Customs Administration show.

Russia was Iran’s main trade partner among the countries under review with more than 2.3 million tons worth $1.32 billion. It was followed by Armenia with 524,076 tons worth 229.84 million and Kazakhstan with 506,724 tons worth $181.28 million.

Iran’s exports to EEU members stood at 1.63 million tons worth $760.25 million during the period.

Russia with 761,062 tons worth $402.25 million, Armenia with 520,288 tons worth $222.24 million and Kazakhstan with 305,354 tons worth $93.01 million were the top export destinations.

Imports hit 1.75 million tons worth $1.04 billion during the period.

Russia was also the main exporter to Iran with 1.53 million tons worth $923.62 million. It was followed by Armenia with 201,370 tons worth $88.27 million and Belarus with 10,188 tons worth $21.79 million.

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