News ID: 239162
Published: 1208 GMT February 20, 2019

Iran's 10-month exports to Russia up

Iran's 10-month exports to Russia up

Iran exported goods valued at $219.258 million to the Russian Federation in the 10 months from March 21, 2018 to January 21, 2019, indicating an 8.56-percent growth compared to the figure for the same period a year earlier.

In total, 371,629 tons of non-oil products, valued at $219.258 million, were exported to Russia, accounting for 0.39 and 0.60 percent of country's total exports in terms of weight and value respectively, according to Iran's foreign trade figures with 100 countries during the 10-month period, reported Fars News Agency.

Russia is ranked 17th in terms of imports from Iran.

Statistics further show that Iran's exports to Russia in the 10-month period declined 0.22 percent in terms of weight but rose 8.56 percent in terms of value compared to the figures for the previous year.

Earlier this month Iran's Energy Minister Reza Ardakanian conferred on the phone with his Russian counterpart Alexander Novak on further development of ties and cooperation between the two countries, especially in the economic sector.

Further cooperation in the fields of energy, industry, transit and agriculture were also discussed by the two ministers.

They also discussed preparatory measures for holding the 15th session of Iranian-Russian Joint Commission, expected to be held in the Iranian capital, Tehran, in the near future.

The 14th meeting of Iran-Russia Joint Cooperation Commission was held in Moscow in March 2018.

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