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Iran discloses trade turnover with France

Business Materials 17 May 2021 11:00 (UTC +04:00)
Iran discloses trade turnover with France

BAKU, Azerbaijan, May 17

By Elnur Baghishov – Trend:

Iran exported 2,910 tons of goods worth $8.76 million to France over 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 exports to France decreased by $30 million compared to 4 years ago (from March 21, 2017 through March 20, 2018).

Latifi added that Iran imported 12,400 tons of goods worth $284 million from France last Iranian year.

The spokesman noted that Iran's imports from France decreased by 84 percent in terms of value and 91 percent in terms of volume compared to four years ago.

“Iran's trade turnover with members of the 5 + 1 group (Russia, China, the US, France, Britain and Germany) amounted to 38.6 million tons worth $24 billion during last Iranian year. So, Iran's exports to these countries amounted to 28 million tons worth $9.83 billion, while imports from these countries amounted to 10.5 million tons worth $14.2 billion in the last Iranian year,” he said.

The official stressed that Iran's trade turnover with these countries has decreased by 19 percent in terms of value and 14 percent in terms of volume compared to four years ago.

As reported, Iran's total foreign trade turnover amounted to about 146 million tons worth $73 billion in the last Iranian year. During this period, Iran exported 112 million tons of goods worth about $35 billion and imported 33.4 million tons worth $38.4 billion.

The nuclear deal between Iran and the 5 + 1 group came into force in 2016. In 2018, the US announced its withdrawal from the deal.

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