News ID: 315145
Published: 0115 GMT July 31, 2021

Iran’s annual exports to Russia increase by 10%: IRICA

Iran’s annual exports to Russia increase by 10%: IRICA

The value of Iran’s exports to Russia rose 10 percent in the past Iranian year (ending on March 20), said the spokesman of the Islamic Republic of Iran Customs Administration (IRICA).

Saying that Iran exported over one million tons of commodities worth $504.5 million to Russia in the past Iranian year, Rouhollah Latifi said that the figures also indicate a 14 percent rise in terms of weight year-on-year, IRNA reported.

According to statistics, the value of Iran’s exports to Russia increased 105 percent in 2020.

Iran’s exports to Russia stood at $390 million in 2019, while $800 million tons of commodities were exported to the country in 2020.

The governor of IRICA said on Friday that the value of Iran’s non-oil trade rose 47 percent in the period, March 21-July 22, compared to the same period last year.

Mehdi Mir-Ashrafi said that Iran has traded 50.8 million tons of non-oil products worth nearly $29 billion with other countries in the four-month period, which indicates a 21 percent growth in terms of weight on an annual basis.

He put the four-month non-oil exports at 38.3 million tons, valued at $14.3 billion, with a 65 percent rise in value and a 27 percent growth in weight.

Liquefied gas, polyethylene, semi-finished iron products, methanol, gasoline, iron and steel ingots, steel products, iron rods, liquid propane, bitumen, and copper cathode were the main exported products in the said period, he added.


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