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Exports of Iran to Kyrgyzstan booming

Business Materials 19 October 2021 19:37 (UTC +04:00)
Exports of Iran to Kyrgyzstan booming

BAKU, Azerbaijan, Oct. 19

By Elnur Baghishov – Trend:

The exports of Iran to Kyrgyzstan increased by 261 percent in terms of value and 349 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's exports to Kyrgyzstan for 6 months amounted to 20,000 tons worth $33 million.

Latifi also added that Iran imported $1.4 million worth of goods from Kyrgyzstan within the mentioned period, which is an increase of 51 percent, compared to the same period last Iranian year.

“Kyrgyzstan ranks 8th in Iran's exports to the member states of Economic Cooperation Organization (ECO) and 9th in Iran's imports from the ECO member states.

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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