Exports of Iranian goods to EAEU top $514m
Iran’s export of non-oil products to the Eurasian Economic Union (EAEU) member states in the first four months of the current Iranian year (March 21-July 22) hit $514.9 million, according to the Islamic Republic of Iran Customs Administration (IRICA).
Based on the IRICA data, Iran exported 1.30 million tons of non-oil commodities to the EAEU member states in the mentioned four months, IRIB news reported.
The Islamic Republic exported 442,000 tons of non-oil goods, valued at over $133.1 million, to the Republic of Armenia in the mentioned four months.
Also, the country exported 678,000 tons of goods, valued at more than $302.7 million, to Russia in the first four months of the current year.
Iran’s exports to Kyrgyzstan amounted to 16,000 tons, valued at $17.673 million, while exports to Kazakhstan were 159,000 tons, valued at $56.722 million.
In the said period, the Islamic Republic imported 31,000 tons of non-oil goods, valued at over $468 million from Belarus.
Iran also imported 3,150 tons of goods, valued at over $1 billion, from Russia in the first four months of the current Iranian year.
Iran and EAEU reached a preferential trade agreement in 2018 based on which about 862 commodity items are currently subject to preferential tariffs. The agreement came into effect on October 27, 2019.
The two sides are now working on a free trade agreement to further boost their economic exchanges.