Iran reports major growth in annual exports to Russia

An official at Iran’s Trade Promotion Organization (TPO) said the country’s export of products to Russia in the previous Iranian calendar year to late March registered a considerable growth both in volume and value.

16 April 2024
ID : 45443
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An official at Iran’s Trade Promotion Organization (TPO) said the country’s export of products to Russia in the previous Iranian calendar year to late March registered a considerable growth both in volume and value.

Head of the Central Asia, Caucasus and Russia Office of the TPO Akbar Godari said Iran exported 2.185 million tons of non-oil products, valued at $946 million, to Russia from March 21, 2023 to March 19, 2024.

The statistics indicate that Iran’s export of various types of products to Russia in this period registered a 26 and 52 percent growth in value and volume respectively, Godari stated. 

He pointed to the import of products into the country from Russia and said that $1.691 billion worth of products were imported into the country from the Russian Federation last year, showing a 9 and 27 percent growth in value and volume respectively compared to a year earlier.

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