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Mutual steps between Iran, Kazakhstan can help increase trade turnover - official

Business Materials 29 January 2022 14:56 (UTC +04:00)

BAKU, Azerbaijan, Jan. 29

By Elnur Baghishov – Trend:

Iran and Kazakhstan can increase their trade turnover by taking mutual steps in many areas, the Iranian co-chair of the Iran-Kazakhstan Joint Chamber of Commerce Amir Abedi told Mizan News Agency, Trend reports.

According to Abedi, mutual investment, implementation of trade projects, promotion of markets, signing of protocols on strengthening economic ties between the two countries can increase trade turnover between the two countries.

The chairman added that Iran's trade turnover with Kazakhstan for the first nine months of the current Iranian year (March 21 through December 21, 2021) amounted to 478,000 tons worth about $171 million.

“The trade turnover between the two countries decreased by 17 percent in value, while increased by 11.7 percent in volume, compared to last Iranian year (March 20, 2020 through March 20, 2021). So, the turnover amounted to 428,000 tons worth $205 million in last Iranian year,” he said.

Trade turnover

First 9 months of current Iranian year

Last Iranian year

Percentage change

Value (in million USD)

Volume (tons)

Value (in million USD)

Volume (tons)

Value

Volume

Export

$132.6

360,300

$167.9

337,800

-21

6.7

Import

$37.9

117,600

$37.4

90,000

1.3

30.7

Total

$170.5

477,900

$205.3

427,800

-17

11.7

The main goods that Iran exported to Kazakhstan in 9 months:

Goods

Value (in million USD)

Volume (tons)

Dairy products

$2.3

2,200

Potato

$4.2

18,800

Pistachio

$13.2

2,200

Dates

$16.7

24,100

Fruits

$17.1

23,700

Tea

$0.5

600

Saffron

$0.1

--

Sweet stuff and chocolate

$0.3

200

Tomato paste

$3.3

2,600

Tobacco products

$0.7

800

Gypsum and cement

$4.1

144,100

Sodium hydroxide flake

$3.3

4,300

Ethylene glycol

$1.6

2,700

Various dyes

$4.4

3,200

Soap

$2.3

3,500

Polyethylene

$29.9

22,200

Carpets and floor coverings

$4.8

1,400

Clothing

$1.3

700

Brick, stone and etc.

$3.6

59,400

Porcelain and ceramics

$3.1

28,700

Various glass materials

$1.5

5,100

Glass wool

$0.2

200

Iron and steel products

$5.5

5,700

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Follow the author on Twitter:@BaghishovElnur

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