Baku, Azerbaijan, July 6
By Farhad Daneshvar – Trend:
West Azerbaijan Province’s exports to Azerbaijan increased by 17 percent in value but fell by 32 percent in volume terms over the first quarter of the current Iranian calendar year (starting March 20), a provincial official told Trend.
Hossein Mohammad-Sani, an official with the provincial organization of industry, mine and trade, has said that his province exported worth of $132 million of products to Azerbaijan over the three-month period which stood at $112 million in the same period of time over the last fiscal year.
He described Turkey as Iran’s main rival in exporting goods to Azerbaijan saying that the rival country’s exports to Azerbaijan reached $1.2 billion in 2016.
According to the data available on the website of State Customs Committee of Azerbaijan, trade turnover between Iran and Azerbaijan over the last year surged by 78 percent to post $221.2 million of which 171.5 accounted for Iran’s exports to Azerbaijan.
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