Iran’s imports from Russia doubled in Q1

TEHRAN, Jul. 16 (MNA) – Latest statistics show that Iran’s imports and exports from/to Russia experienced a considerable 205 and 40 percent growth in the first three months of the current Iranian fiscal year (March 21-June 21).

According to the Islamic Republic of Iran Customs Administration (IRICA), Russia took the 8th and 18th ranks in terms of imports and exports respectively among 100 countries as contracting parties with Iran.

Given the above issue, Russia exported 319,531 tons of products, valued at $381,720,767 in the same period.

Iran’s import of products from Russia in the same period registered a 3.82 and 3.32 percent growth in terms of weight and value respectively, IRICA reported.

About 257,884 tons of products, valued at $124,797,873, were imported from Russia, accounting for 2.98 and 1.08 percent of Iran’s total imports in terms of weight and value.

Another statistic showed that $76,727,000 worth of parts and equipment of nuclear reactors were imported into the country from Russia in the same period.

In addition, 151,174 tons of products, valued at $78,223,486, were exported from Iran to Russia, accounting for 0.54 and 0.67 percent share of Iran’s total exports in terms of weight and value.

Iran’s export of products to China in the same period showed 39.35 and 4.35 percent increase in terms of weight and value as compared to the same period last year, IRICA concluded.

MA/4347175

News Code 135721

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