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Iran boosts exports to Russia

Business Materials 16 October 2021 13:40 (UTC +04:00)
Iran boosts exports to Russia

BAKU, Azerbaijan, Oct. 16

By Elnur Baghishov – Trend:

Iran's exports to Russia increased by 32 percent in terms of value and 6 percent in terms of volume, during the first six months of the current Iranian year (March 21 through September 22, 2021), compared to the same period last Iranian year, the Spokesman for the Islamic Republic of Iran Customs Administration (IRICA) Rouhollah Latifi said, Trend reports citing the administration.

The spokesman noted that Iran exported about 504,000 tons of goods worth $270 million to Russia in 6 months.

Latifi also said that Iran imported 3.57 million tons of goods worth $1.71 billion from Russia over the reporting period.

"The imports increased by 87 percent in terms of value and 81.5 percent in terms of volume, compared to the same period last Iranian year," he said.

As reported, Iran exported 60 million tons of goods worth $21.8 billion during the first six months of the current Iranian year (March 21 through September 22, 2021).

Iran's exports increased by 61 percent in terms of value and 30 percent in terms of volume, compared to the same period last Iranian year.

In addition, Iran imported 19.1 million tons of goods worth $23.1 billion within the mentioned period. Iran's imports increased by 37 percent in terms of value and 15 percent in terms of value, compared to the same period last Iranian year.

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