Iran sees decrease in exports to Afghanistan

Business Materials 27 October 2021 11:42 (UTC +04:00)
Iran sees decrease in exports to Afghanistan

BAKU, Azerbaijan, Oct. 27

By Elnur Baghishov – Trend:

Iran's exports to Afghanistan decreased by 15 percent in terms of value and 32 percent in terms of volume, during the first seven months of the current Iranian year (March 21 through October 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 organization.

The spokesman noted that Iran exported 2.79 million tons of goods worth $1.12 billion to Afghanistan over the reporting period.

He added that Afghanistan is the fifth largest importer of Iranian products.

According to Latifi, the reason for the decline in Iran's exports to Afghanistan was the decline in the purchasing power of its citizens, the suspension of work on some government projects, and so on.

"Afghanistan has an average trade turnover of $8 billion annually. Of this, $800 million is accounted for the country's exports and more than $7 billion for imports. Iran exported $2.3 billion worth of goods to Afghanistan over the last Iranian year (March 20, 2020, through March 20, 2021). So, Iran accounted for 28 percent of Afghanistan's total trade turnover for last year," the customs official said.

Along with Iran, Pakistan, the UAE, China, India, Uzbekistan, Turkey, and other countries exported goods to Afghanistan, Latifi stressed.


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