TEHRAN - The value of trade exchanges between Iran and the Eurasian Economic Union (EAEU) in the first seven months of the current Iranian calendar year (March 21-October 22) reached $4.258 billion, IRIB reported on Sunday, quoting an official with the Islamic Republic of Iran Customs Administration (IRICA).

In this timespan, Iran exported 2.414 million tons of products valued at nearly $922 million to EAEU member states, registering a 48 and 22 percent growth in weight and value, respectively, compared to last year’s corresponding period, Omid Golzari stated.

Meanwhile, the Islamic Republic imported 5.696 million tons of non-oil goods, valued at $3.336 billion from the EAEU countries, indicating a 37 and 31 percent hike in weight and value, respectively, compared to the same period of last year, he added.

In total, more than eight million tons of goods, valued at over $4.2 billion, were exchanged between Iran and the five EAEU member states from March 21 to October 22, 2023, the official said.

Most of Iran’s exports to the EAEU were sent to the Russian Federation and the Republic of Kyrgyzstan, registering a 30 and 20 percent growth respectively compared to the last year’s corresponding period, according to Golzari.

In this period, Iran exported over $532 million and more than $40 million worth of goods to Russia and Kyrgyzstan respectively, the official further announced.

EF/MA