TEHRAN- Iran exported non-oil commodities valued at $749.331 million to India during the first two months of the current Iranian calendar year (March 21-May 21), the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.

Mohammad Rezvani-Far said that India was the fifth top export destination of Iranian non-oil goods in the mentioned two-month period.

Based on the data previously released by the Indian Ministry of Commerce and Industry, the value of Iran’s export to India increased by 60 percent in 2022 as compared to the preceding year.

The Indian ministry put the worth of Iran’s exports to India at $653 million in 2022, while the figure was $409 million in 2021.

As reported, petroleum products have been the major goods imported by India from Iran in the said months.

According to the mentioned data, the value of trade between Iran and India reached $2.5 billion in 2022, rising 48 percent from $1.693 billion in 2021.

During January-December 2022, India’s export to Iran also increased by 44 percent to stand at $1.847 billion, while the figure was $1.284 billion in 2021.

Rice was India’s major product exported to Iran in the said period during which the country shipped $1.098 billion worth of rice to the Islamic Republic.

Last week, the agricultural officials of Iran and India agreed to form a joint committee for agricultural cooperation between the two countries within the next three months, Mehr News Agency reported.

As reported, the agreement was reached in a meeting between Iran's Deputy Agriculture Minister Mohammad Mehdi Borumandi and Secretary of India's Agriculture and Farmers Welfare Ministry Manoj Ahuja in New Delhi.

Borumandi, who traveled to New Delhi to hold talks on the agricultural cooperation between Iran and India, met with his Indian counterpart to review the latest status of bilateral cooperation in the field of agriculture.

The officials also agreed to hold the first joint working group on agricultural cooperation between the two countries in the near future.

In the meeting, Borumandi stressed Iran's readiness for cooperation in various fields including horticultural products, medicinal plants, combating plant pests, agricultural technologies, exchange of professors and experts, and cooperation between research institutions of the two countries.

He considered the removal of tariff barriers on agricultural trade as a necessity for the future expansion of relations.

Manoj Ahuja, for his part, highlighted the cultural and geographical affinities between the two nations and expressed his country's readiness to develop agricultural relations with Iran.

Welcoming the fields proposed by the Iranian side for cooperation, the Indian official announced that the ban on the exports of kiwi to India, which had been temporarily prohibited since last year due to quarantine considerations, has been lifted.

The trade between Iran and India reached $510 million in the first quarter of the current year, according to the data released by India’s Ministry of Commerce and Industry.

According to the report, agricultural products and especially rice had the largest share in India’s exports to Iran. Rice accounted for 63 percent of the total volume of exports, while fruits with $15 million, and tea with $10 million ranked second and third.

MA