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Overview of Iran's trade turnover with neighbors

Business Materials 28 March 2019 09:31 (UTC +04:00)

Baku, Azerbaijan, March 28

By Elnur Baghishov - Trend:

In the 11 months of the previous Iranian year (March 21, 2018-March 20, 2019), Iran's exports to surrounding countries exceeded $22 billion, Trend reports referring to Iran Trade Promotion Organization (TPO).

According to the TPO, during the reported period, Iran's imports from the surrounding countries amounted to $10.1 billion.

Rank

Country

Value of Iran's exports in 11 months (million USD)

Value of Iran's imports in 11 months (million USD)

Change in exports compared to preceding year (March 21, 2017-March 20, 2018) (%)

Change in imports compared to preceding year (March 21, 2017-March 20, 2018) (%)

Trade turnover (million USD)

Trade balance

1

UAE

5,543

5,919

-7

-35

11,462

-375

2

Iraq

8,239

54

42

-36

8,292

8,185

3

Turkey

2,173

2,261

-10

-23

4,433

-88

4

Afghanistan

2,727

10

9

-47

2,737

2,717

5

Pakistan

1,128

246

38

-27

1,392

864

6

Russia

246

1,139

6

76

1,386

-893

7

Oman

701

413

48

132

1,114

288

8

Azerbaijan

371

19

33

-16

389

352

9

Turkmenistan

366

8

-5

-31

374

358

10

Kuwait

234

11

6

-58

245

222

11

Qatar

205

8

-2

-64

213

197

12

Kazakhstan

121

79

-18

50

200

42

Total of 12 countries

22,054

10,185

14

-24

32,238

11,990

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