Exports to Armenia rise 7.5% to $385m in seven months: TPO
Iran's exports to Armenia rose 7.5% in the first seven months of 2026 to $385 million, an Iranian Trade Promotion Organization official said, as the two countries seek to speed up customs procedures and trade at their shared border.
Mehdi Babaei, director general of the Trade Promotion Organization's office for Central Asia, the Caucasus and Russia, said the figure on Friday while referring to a joint Iranian-Armenian border and customs meeting held on Sept. 12 in Jolfa.
The two sides agreed at the meeting to expand customs cooperation and facilitate trade between the countries.
Iran and Armenia also agreed to turn the Norduz border crossing in Iran’s East Azerbaijan Province into a green customs corridor to reduce customs clearance times and speed up the processing of goods, following an agreement between the heads of the two countries' customs administrations.
Babaei described the signing of a memorandum of understanding on the green customs corridor as one of the main agreements reached at the meeting. He said the two sides would accelerate efforts to exchange customs documents and data electronically and identify and introduce authorized operators.
Implementing the measures could help facilitate and speed up customs and transit procedures at the border, Babaei said, adding that under the agreements, the daily capacity of the Norduz crossing could rise to 300 trucks if the required conditions are met.
He said developing customs infrastructure, exchanging information electronically and increasing truck capacity at the Norduz crossing would help facilitate trade and strengthen economic and transit ties between Iran and Armenia.
Trade between Iran and Armenia reached $768 million in 2025, with Iran exporting about $680 million worth of goods to Armenia and importing about $88 million from the country, according to official Armenian statistics.