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Iran's exports to Azerbaijan exceed $410M

Business Materials 27 April 2019 11:58 (UTC +04:00)

Baku, Azerbaijan, April 27

By Elnur Baghishov - Trend:

In the last Iranian year (March 21, 2018-March 20, 2019), Iran's exports to Azerbaijan amounted to $411 million, Trend reports referring to Iran Trade Promotion Organization (TPO).

According to the TPO, Iran's exports to Azerbaijan reached 824,000 tons in the last year.

During the reported period, exports to Azerbaijan amounted to 0.9 percent of Iran's total exports in terms of value.

Compared to the preceding Iranian year (March 21, 2017-March 20, 2018), Iran's exports to Azerbaijan increased by 26 percent both in terms of value and by 16 percent in terms of weight.

Azerbaijan ranked 12 among the export destinations of Iranian goods.

Meanwhile, Iran's exports to Russia amounted to $281 million in terms of value and 500,000 tons in terms of weight. Compared to the preceding Iranian year, Iran's exports to Russia decreased by 4 percent in terms of value and Russia ranked 14th among the export destinations of Iranian goods.

Iran's exports to Turkey, during the reported period, amounted to $2.369 billion in terms of value and Turkey ranked 69th among the export destinations of Iranian goods.

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