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Home»NEWS»Iran transactions with Caspian states exceed $3.3 billion
NEWS

Iran transactions with Caspian states exceed $3.3 billion

Mirza ShehnazBy Mirza ShehnazMarch 16, 2023Updated:March 16, 2023No Comments1 Min Read
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Iran’s commerce (excluding crude oil exports) with Caspian Sea
littoral states stood at 5.99 million tons value $3.34 billion,
Trend studies citing
Mehr.

According to the Islamic Republic of Iran Customs
Administration, Iran’s commerce (excluding crude oil exports) with
Caspian Sea littoral states stood at 5.99 million tons value $3.34
billion in the course of the first 11 months of the present Iranian yr
(March 21, 2022-Feb. 19), registering a 13.92% fall by way of
weight, however an 8.91% rise in worth in contrast with the same interval
of final yr, respectively.

Russia was Iran’s essential buying and selling accomplice amongst Caspian states with
3.36 million tons (down 21.76%) value $1.97 billion (down 0.57%)
in the course of the interval underneath evaluation. It was adopted by Azerbaijan with
715,780 tons (down 8.08%) value $636.55 million (up 20.65%),
Turkmenistan with 1.2 million tons (down 4.63%) value $435.73
million (up 32.18%) and Kazakhstan with 709,016 tons (up 13.61%)
value $292.99 million (up 32.22%), Financial Tribune reported.

Iran’s exports exceeded 3.58 million tons value $1.86 billion
in the course of the interval, registering a 3.39% and a 24.29% rise in phrases
of weight and worth year-on-year, respectively.

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Mirza Shehnaz

Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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