Iran’s five-month trade with OIC states hits $26.7 billion

The head of the Islamic Republic of Iran Customs Administration (IRICA) announced that Iran’s trade with the 56 member states of the Organization of Islamic Cooperation (OIC) reached $26.7 billion in the first five months of the current Iranian calendar year (starting March 20).

9 September 2024
ID : 55711
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The head of the Islamic Republic of Iran Customs Administration (IRICA) announced that Iran’s trade with the 56 member states of the Organization of Islamic Cooperation (OIC) reached $26.7 billion in the first five months of the current Iranian calendar year (starting March 20).

Mohammad Rezvanifar said on Sunday that Iran’s exports to OIC states totaled 33.6 million metric tons, amounting to $13.5 billion, marking 8% and 16% increases in weight and value terms respectively compared to last year’s corresponding period.

He also noted that Iran’s imports from OIC member countries stood at 8.7 million metric tons, worth $13.2 billion, registering an 18% and 15% rise in weight and value terms year-on-year.

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