Iran's Non-Oil Trade With EEU Increases 34 Percent

Iran traded 4.04 million tons of non-oil commodities worth $2.09 billion with the five member states of the Eurasian Economic Union, namely Russia, Kazakhstan, Armenia, Kyrgyzstan and Belarus, in the last Iranian year (ended March 20, 2019).

The statistics indicate a 22.96% and 34.08% increase in tonnage and value respectively compared with last year’s corresponding period.

Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 1.55 million tons worth $607.43 million during the year, indicating a 0.07% and 0.14% decrease in tonnage and value respectively year-on-year.

Imports stood at 2.49 million tons worth $1.48 billion, up 0.53% and 0.73% in tonnage and value respectively YOY.