Iran-EAEU trade hits $1.4b in 5 months

According to the spokesman of the Islamic Republic of Iran Customs Administration (IRICA), Ruhollah Latifi, 67 percent of the mentioned figure has been the share of Iran’s imports and 33 percent was gained from exports.

The official put the weight of the exports to the EAEU countries at 1.15 million tons with a value of $489.9 million, while the imports from the zone were 2.95 million tons at the value of $999.3 million.

He further noted that the preferential exports of Iran to the EAEU zone have been 123,960 tons with a value of nearly $136 million, while the preferential imports stood at 2.38 million tons with a value of nearly $750 million.

Iran’s biggest export destination among the EAEU countries has been Russia which accounted for about 50 percent of the total trade with the region.

Armenia and Kazakhstan occupied the second and third places with 24.6 percent and 16 percent shares, he said.

The biggest EAEU exporter to Iran has also been Russia, accounting for 71.4 percent of EAEU export to Iran followed by Kazakhstan and Belarus, according to the official.

Iran’s exports to the EAEU members were mainly fresh apples, fresh and dried pistachios, liquefied natural gas, fresh kiwis, cucumbers and fermented cucumbers; and the main preferential-tariff goods exported to the zone has been kiwis, fresh pistachio, dried grapes, lettuce, cauliflower, and broccoli.

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