Iran’s trade with member states of the Organization of Islamic Cooperation, excluding crude oil exports from the country, stood at 61.99 million tons worth $39.72 billion during the first three quarters of the current Iranian year (March 21-Dec. 21, 2022).
The figures registered a 17.65% fall in terms of weight, but a 6.22% rise in value compared to the corresponding period of last year, latest data released by the Islamic Republic of Iran Customs Administration show.
The UAE with 18.04 million tons (registering a 4.91% year-on-year rise) worth $17.42 billion (up 16.71%) was Iran’s top trade partners among OIC member states. It was followed by Turkey with 8.37 million tons (down 42.74%) worth $8.28 billion (up 5.75%) and Iraq with 15.02 million tons (down 40.79%) worth $5.39 billion (down 29.52%).
Iran’s exports to OIC stood at 47.51 million tons worth $19.91 billion during the period, registering 20.45% and 0.44% falls in weight and value respectively.
Iraq with 14.87 million tons (down 36.61%) worth $5.24 billion (down 22.68%) was the top export destination in the period. It was followed by the UAE with 8.58 million tons (down 26.59%) worth $4.48 billion (up 8.48%) and Turkey with 5.7 million tons (down 31.27%) worth $3.82 million (up 11.39%).
Iran’s imports from OIC stood at 14.47 million tons worth $19.81 billion during the period to register 6.88% decline in weight but a 13.89% rise in value.
The UAE with 9.46 million tons (up 6.34%) worth $12.94 billion (up 12.56%) was the top exporter to Iran during the period. Turkey with 2.66 million tons (down 9%) worth $4.45 billion (up 20.53%) and Pakistan with 599,059 tons worth $666.58 million came next.