The value of Iran's foreign trade with member states of the Eurasian Economic Union (EAEU) reached $2.704 billion in the first nine months of the current Iranian calendar year (March 20 – December 21, 2024), according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
Foroud Asgari, speaking to IRNA's economic correspondent, provided details on Iran's exports and imports with EAEU countries. He stated that Iran's exports to the EAEU amounted to approximately $1.494 billion, reflecting a 20.79 percent increase compared to the same period last year.
He added that the weight of exports during this period was estimated at 3.857 million tons, marking a 21.69 percent rise year-on-year.
Russia, Armenia, and Kazakhstan were the primary destinations for Iran's exports.
Asgari noted that Iran imported goods worth $1.209 billion from the five EAEU member states in the nine-month period, a 19.16 percent decrease compared to $1.495 billion in the same period last year.
The weight of imports stood at 1.626 million tons, representing a significant 45.3 percent decline year-on-year.
Russia accounted for the majority of Iran's imports, with a value of approximately $1 billion and a weight of 1.491 million tons. Kyrgyzstan had the smallest share in Iran’s imports.
The Eurasian Economic Union, an intergovernmental economic bloc, comprises Belarus, Kazakhstan, Russia, Kyrgyzstan, and Armenia, with Uzbekistan, Moldova, and Cuba as observer members.