YEREVAN (AKA) - Trade turnover between Armenia and Iran has almost reached $1 billion, said Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to the Republic of Armenia Mehdi Sobhani on the Public Television of Armenia.
According to Armstat, Armenia’s foreign trade turnover with Iran in 2024 reached $737.4 million, an increase of 6.5% compared to 2023. At the same time, for the first 5 months of this year, bilateral trade turnover amounted to $278.7 million, an increase of 4%. In February of this year, Sobhani said that Tehran plans to increase this figure to $1 billion already in 2025.
“During the 11 months of 2024, 276,000 Armenian citizens visited Iran for various purposes - trade, solving everyday problems in border markets, and during this period, 176,000 tourists from Iran visited Armenia. This is a natural process. During the 11 months of 2024, the number of tourists from Iran visiting Armenia increased by 20% compared to 2023,” Sobhani said. According to the RA Tourism Committee, out of 691.9 thousand tourists who visited Armenia in the 5 months of 2025, 8% came from Iran. This is the third largest figure after Russia (37%) and Georgia (15%).