TEHRAN – Islamic Republic of Iran Customs Administration (IRICA) report shows that Iran’s trade with member states of the Organization of Islamic Cooperation (OIC) reached 54.2 million tons worth $34.81 billion.
The report shows that Iran’s trade with member states of the Organization of Islamic Cooperation, excluding crude oil exports, reached 54.2 million tons worth $34.81 billion during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 20.45% fall in terms of weight, but a 6.23% rise in terms of value compared with the corresponding period of last year.
The UAE with 15.69 million tons (up 2.51%) worth $15.16 billion (up 16.57%) was Iran’s top trade partner among OIC member states. It was followed by Turkey with 7.32 million tons (down 47.95%) worth $7.21 billion (up 2.86%) and Iraq with 13.31 million tons (down 42.48%) worth $4.78 billion (down 30.04%), Financial Tribune reported.
Iran’s exports to OIC stood at 41.76 million tons worth $17.63 billion during the eight months, registering a 23% decrease in terms of weight, but a 0.47% growth in terms of value year-on-year.