Tehran (IP)- The volume of Iran's trade exchanges with its 15 neighboring countries increased by 1.35% in the last 12 months reaching the figure of 60 billion and 773 million dollars, the director general of Iran's Customs Administration announced.

Iran PressIran news: Mohammad Rezvani-Far, Deputy Minister of Economy and Head of the Islamic Republic of Iran Customs Administration (IRICA) announced said: Iran's weighted trade (total export and import) in 1402 (from March 20, 2023, to March 20, 2024) with 15 neighboring countries is more than 95.9 million tons, which shows a decrease of 2.45% compared to the previous year.

Regarding Iran's trade with neighboring countries during this period, Rizwani-Far added: During this period, 28 billion and 288 million dollars of goods were exported to 15 neighboring countries, and 32 billion and 485 million dollars were imported, which shows a decrease of 9.51% and an increase of 13.17%.

"During this period, Iran's exports in terms of value to Iraq, Turkey, Azerbaijan, Turkmenistan, Armenia, Kuwait, Qatar, and Saudi Arabia decreased and to the United Arab Emirates, Pakistan, Afghanistan, Oman, Russia, Kazakhstan, and Bahrain have increased," said the official.

Regarding the import of goods from neighboring countries, he said: "In terms of value, imports from Pakistan, Kazakhstan, Kuwait, and Bahrain have decreased and from the United Arab Emirates, Turkey, Russia, Oman, Iraq, Qatar, the Republic of Azerbaijan, Armenia, Afghanistan, Turkmenistan, and Bahrain have increased. it shows. Also, there was no import from Saudi Arabia during this period."

Rezwani-Far stated: The analysis of Iran's trade statistics with neighboring countries shows that Iran's trade with the United Arab Emirates, Pakistan, Russia, Oman, and Afghanistan has increased, and trade with Turkey, Iraq, Afghanistan, Azerbaijan, Turkmenistan, Armenia, Kazakhstan, Kuwait, Bahrain, and Saudi Arabia has shrunk in the last year.

Regarding the first 5 neighboring countries with which the most trade in terms of value, the deputy minister added: During this period, more than 54 billion dollars of Iran's trade with 5 neighboring countries including the United Arab Emirates, Turkey, Iraq, Pakistan and the Federation Russia has done.

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