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Iran sees significant decline in non-oil trade with Kazakhstan

Oil&Gas Materials 17 October 2023 19:00 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, October 17. The non-oil trade turnover between Iran and Kazakhstan decreased by 18.4 percent in value and 28.1 percent in volume during the first six months of the current Iranian year (March 21 through September 22, 2023), compared to the same period last year, Trend reports.

As stated in the data of the Islamic Republic of Iran Customs Administration (IRICA), Iran’s non-oil trade with Kazakhstan for the reporting period was around 326,000 tons worth over $126 million.

Meanwhile, in the first half of the last Iranian year (March 21 through September 22, 2022), the non-oil trade turnover between the two countries stood at 454,000 tons worth approximately $155 million.

The main goods traded between Iran and Kazakhstan included agricultural and food products, tobacco products, petrochemical products, wheat, barley, various types of equipment, etc.

In the 6th month alone (August 23 through September 22, 2023), the non-oil trade between the two countries amounted to about 62,000 tons worth $29.1 million.

Overall, Iran’s total non-oil trade with the world for the first half of this year was approximately $54.6 billion, involving 85.3 million tons of goods, representing an increase of 4.84 percent in value and 23.7 percent in volume from the same period last year.

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