Iran’s suitcase trade exports to Azerbaijan increases by 13 percent
Baku, Azerbaijan, July 16
By Umid Niayesh - Trend:
Iran has exported $11.412 million worth of goods to Azerbaijan in the form of suitcase trade in the first quarter of the current Iranian fiscal year (March 21 - June 20), which indicates an increase by 13 percent compared to the same period of preceding year.
Iranian Custom Administration's latest monthly report said that the country has exported goods worth $5.46 million via Astara, $3.39 million via Julfa, $2.48 million via Bilasuvar and $85,000 via Poldasht custom checkpoints to Azerbaijan during the mentioned period.
Iran has exported $19.03 million worth of goods to the Commonwealth of Independent States (CIS) through the suitcase trade during March 21 - June 20, which is 4.57 percent less compared to the first three months of the last Iranian fiscal year (March 21-June 20, 2013).
The figure shares only 0.26 percent of the total export value of the country during the period for 2014.
During the last Iranian fiscal year (ended on March 20), the same trade was worth $101.46 million which was 26.92 percent more than the suitcase trade exports in the preceding year.
Iran's total non-oil exports to foreign countries stood at $11.859 billion in the three month of the current Iranian fiscal year, while the country's total imports amounted to $12.386 billion.