BAKU, Azerbaijan, Apr. 21
By Elnur Baghishov – Trend:
Iran's trade turnover with 15 neighboring countries amounted to 82.5 million tons worth $36.5 billion in the last Iranian year (from March 20, 2020, through March 20, 2021), Spokesman for the Islamic Republic of Iran Customs Administration (IRICA) Rouhollah Latifi said, Trend reports citing the administration’s website.
According to Latifi, Iran's trade turnover with neighboring countries accounted for 50 percent of its total trade turnover for the last Iranian year in terms of value and 56 percent in terms of volume.
Latifi added that Iran's exports to neighboring countries amounted to 67.8 million tons worth about $20.4 billion over last Iranian year. This accounted for 58 percent of Iran's total exports in terms of value and 60 percent in terms of volume.
The spokesman emphasized that Iran has exported most of its goods to Iraq among the neighboring countries. Thus, Iran's exports to Iraq amounted to 25.6 million tons worth about $7.45 billion. While Iran exported the least amount of goods to Bahrain. So, the value of Iran's exports to Bahrain amounted to $8.47 million.
“Moreover, Iran imported 14.7 million tons of goods worth $16.1 billion from neighboring countries during last Iranian year. Iran's imports from neighboring countries accounted for 36.5 percent of its total imports in terms of value and 43.5 percent in terms of volume," he said.
The official noted that Iran imported most of the goods from the UAE between neighboring counties last Iranian year. Thus, Iran imported 5.13 million tons of goods from the UAE worth about $9.76 billion.
However, Iran imported the least amount of goods from Bahrain among neighboring countries. So, the value of Iran's imports from Bahrain amounted to $946,000 within the last Iranian year, Latifi added.