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Iran shares data on trade turnover with ECO member states

Business Materials 19 October 2021 11:51 (UTC +04:00)
Iran shares data on trade turnover with ECO member states

BAKU, Azerbaijan, Oct. 19

By Elnur Baghishov – Trend:

Iran’s trade turnover with the member states of the Economic Cooperation Organization (ECO) amounted to 15.3 million tons worth about $7.25 billion during the first six months of the current Iranian year (March 21 through September 22, 2021), Spokesman for the Islamic Republic of Iran Customs Administration (IRICA) Rouhollah Latifi said, Trend reports citing the administration.

The official stressed that this is an increase of 60 percent in terms of value and 67 percent in terms of volume, compared to the same period last Iranian year.

He added that Iran exported 12.8 million tons of goods worth $4.55 billion to ECO member states in 6 months, which increased by 81 percent in terms of value and 98 percent in terms of volume, compared to the same period last Iranian year.

“In addition, Iran imported 2.42 million tons of goods worth $2.7 billion from the ECO member states over 6 months, which is an increase of 34 percent in terms of value, while a decrease percent 9 percent in terms of volume, compared to the same period last Iranian year,” Latifi said.

The following ten countries are at present the member states of ECO: Afghanistan, Republic of Azerbaijan, Islamic Republic of Iran, Republic of Kazakhstan, Kyrgyz Republic, Islamic Republic of Pakistan, Republic of Tajikistan, Republic of Turkey, Turkmenistan, Republic of Uzbekistan.

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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