Iran, EAEU trade hits $4.2 billion in 7-month period: IRICA

The volume of trade exchanges between Iran and the Eurasian Economic Union (EAEU) member states in the first seven months of the current Iranian calendar year (started March 21, 2023) reached $4.2 billion.

According to Tasnim news agency quoting the Islamic Republic of Iran Customs Administration (IRICA), Iran and the member states of the union exchanged eight million tons of products, valued at $4.2 billion, from March 21 to October 22, 2023.

In this timespan, Iran exported two million tons of goods, valued at $922 million, to the EAEU members, IRICA added.

In return, Iran imported six million tons of non-oil goods, valued at $3.3 billion, from the EAEU countries.

Russia, Armenia, Kazakhstan, Kyrgyzstan, and Belarus were Iran’s main export target markets in this period, importing $532 million, $235 million, $105 million, $40 million and $10 million worth of products from Iran respectively.

Iran imported $3 billion worth of non-oil goods from the Russian Federation from March 21 to October 22, 2023, IRICA added.

ME