Unit 43, Negin Qolhak Tower, Corner of Kolahdoz St., Shariati St., Tehran,Iran
TEHRAN (FNA)- The value of trade exchanges between Tehran and the Organization of Islamic Cooperation member states in the first ten months of the current Iranian year has suppressed $50 billion, the Islamic Republic of Iran Customs Administration (IRICA) announced.
Thw latest data released by the IRICA show, Iran’s trade with member states of the OIC, excluding crude oil exports, reached 83.18 million tons worth $50.03 billion during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), registering a 1.65% and a 20.18% rise in terms of weight and value compared with the corresponding period of last year.
The UAE with 20.27 million tons (up 5.48%) worth $19.77 billion (up 17.42%) was Iran’s top trade partners among OIC member states. It was followed by Turkey with 15.89 million tons (up 3.94%) worth $11.69 billion (up 33.52%) and Iraq with 24.33 million tons (down 9.07%) worth $9.08 billion (up 10.47%).
Iran’s exports to OIC stood at 66.51 million tons worth $27.32 billion during the 10-month period, registering a 3.16% and a 24.41% increase in terms of weight and value respectively, Financial Tribune reported.
Iraq with 24.21 million tons (down 3.27%) worth $8.92 billion (up 22.45%) was the top export destination during the period. It was followed by the UAE with 9.26 million tons (down 23.21%) worth $4.82 billion (up 6.45%) and Turkey with 12.86 million tons (up 42.43%) worth $6.61 million (up 73.99%).
READ MORE: Iran’s Trade with EU States Surges Almost 8%, Reaches €5.2bln in 2022
The surge in foreign trade comes in the backdrop of the President Seyed Ebrahim Rayeesi administration’s agenda to expand economic ties with countries in the region and those across the globe.
Back in October, Iran’s president reiterated that Iran is achieving success as, according to the US officials’, their maximum pressure policy on Tehran has been defeated.
In mid-May, Rayeesi noted that Iran is no longer worried about its oil sales despite heavy sanctions imposed by the US.
Source: Fars news agency
TEHRAN (FNA)- The value of trade exchanges between Tehran and the European Union’s 27 member states hit €5.2 billion last year, registering a 7.95% rise compared with the year before. New data released by Eurostat showed that Germany was the top trading partner of Iran in the EU region during the period, as the two […]
TEHRAN (FNA)- Iran and Belarus signed a comprehensive cooperation roadmap and seven memoranda of understanding in various commercial, transportation, agricultural and cultural fields on Monday. Iranian president Seyed Ebrahim Rayeesi and his Belarus counterpart Alexander Lukashenko in a meeting described the relations between the two countries as good and constructive over the past 30 years […]
TEHRAN (FNA)- Iranian Oil Minister Javad Owji urged all global parties to bring stability to the international energy market, and cautioned that any political interference in the market could result in a lose-lose game for all. Owji warned in a statement on Sunday that “any interference, including political and legal meddling”, in the energy market’s […]
About Us
Industry refers to the production of goods and services in an economy. The main source of income of a group or company represents the relevant industry. If all economic activities that deal with the production of goods and services using man-made machines and equipment.
© All rights reserved to Firouzehco Web's
Website design and SEO byAlvan Web
Leave a Reply