...

Azerbaijan boosts exports to Iran

Business Materials 15 April 2021 11:30 (UTC +04:00)
Azerbaijan boosts exports to Iran

BAKU, Azerbaijan, Apr. 15

By Elnur Baghishov – Trend:

The exports of Azerbaijan to Iran increased by 316 percent in the last Iranian year (from March 20, 2020, through March 20, 2021), compared to the preceding Iranian year (from March 21, 2019, through March 19, 2020), Trend reports citing the statistics of Trade Promotion Organization of Iran (TPOI).

According to the statistics, Azerbaijan exported 28,300 tons of goods worth $76 million to Iran last Iranian year.

“In addition, Iran exported 994,000 tons of goods worth $381 million to Azerbaijan last Iranian year. Iran's exports to Azerbaijan decreased by 13 percent compared to the preceding Iranian year,” the statistics said.

In general, the trade turnover between Azerbaijan and Iran amounted to 1.02 million tons worth $457 million over the last Iranian year, the statistics said.

According to the statistics, while in the 12th month of the last Iranian year (February 19 through March 20, 2021), Azerbaijan's exports to Iran amounted to 4,270 tons worth $54.6 million.

“Also, Iran's exports to Azerbaijan amounted to 81,600 tons worth $38.6 million in the 12th month. Iran's exports to Azerbaijan increased by 29 percent in the 12th month,” the statistics said.

The trade turnover between the two countries in the 12th month amounted to 85,900 tons worth $93.3 million. Trade turnover increased by 193 percent compared to the same month preceding Iranian year, the statistics said.

Tags:
Latest

Latest