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Iran issues data on imports from neighboring countries

Business Materials 19 March 2023 13:55 (UTC +04:00)
Iran issues data on imports from neighboring countries
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, March 19. Iran imported 19.3 million tons of non-oil products worth $25.4 billion from neighboring countries, during the first 11 months of the current Iranian year (March 21, 2022 through February 19, 2023), a member of the international and foreign trade committee of the House of Industry, Mine and Trade of Iran Rouhollah Latifi said on social media, Trend reports.

The official noted that Iran's imports from neighboring countries for the reporting period increased by 12 percent in value compared to the same period last Iranian year.

“So, Iran imported goods worth $16.5 billion from the UAE, worth $5.56 billion from Türkiye, worth $1.3 billion from Russia, worth $775 million from Pakistan, as well as worth $742 million from Oman, worth $208 million from Iraq and worth $119 million from Kazakhstan in 11 months,” Latifi added.

In total, Iran's trade turnover with neighboring countries for 11 months amounted to 88.1 million tons worth about $53.4 billion.

The trade turnover between the two countries increased by 16 percent in value compared to the same period last Iranian year.

Overall, Iran imported a total of 33.6 million tons of goods worth $53.7 billion within the first 11 months of the current Iranian year (March 21, 2022, through February 19, 2023).

This is an increase of 15.2 percent in value, while a decrease of 8.61 percent in volume compared to the same period last Iranian year.

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