Iran’s 11-month trade with neighbors tops $55b: Official

The volume of Iran’s trade exchanges with its 15 neighboring countries increased by 2.5% in past 11 months by reaching $55.27 billion, the director general of Iran’s Customs Administration announced.
“A total of $25.84 billion pertained to exports and $29.43 billion pertained to imports from Iran’s total trade exchanges with its neighboring countries,” Mohammad Rezvanifar said, reported IRNA.
He pointed out that Iran’s exports to neighboring countries over past 11 months compared to the same period last year decreased by 3% in terms of weight and 9% in terms of value, and imports from neighboring countries increased by 11% and 15%, respectively in terms of weight and value during this period.
Rezvanifar pointed out that during this period, the value of Iran’s exports to eight neighboring countries decreased while it showed an increase to seven other neighboring countries during the same period.
He pointed out that the value of Iran’s exports to Iraq, Turkey, the Republic of Azerbaijan, Turkmenistan, Armenia, Kuwait, Qatar and Saudi Arabia decreased and to the United Arab Emirates, Pakistan, Afghanistan, Oman, Russian Federation, Kazakhstan and Bahrain increased.
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