According to Federal Customs Service of Russia (FCS) reported that trade turnover between Russia and Iran for 2021 exceeded $4.035 billion, showing a significant 81.7% growth as compared to the same period of last year.
In this period, Russia’s export of products to Iran hit $3.068 billion, recording a 2.2 % hike while Russia’s import of products from Iran hit $967.3 billion, registering a 21.4 % growth.
Accordingly, Iran’s share of total financial turnover of foreign trade of the Russian Federation in the reported period increased from 0.4% last year to 0.5% this year.
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