Official: Trade Balance With Persian Gulf Littoral States Hits $22bn
TEHRAN (Dispatches) - Director General of Iran’s Trade Promotion Organization for Arabic-African Affairs Farzad Piltan said on that the country’s trade with the Persian Gulf littoral states stood at $22 billion over the past Iranian year (ended on March 19, 2020).
"Up to $12.5 billion of the $22 billion trade was exported to the Arab states of the Persian Gulf and $9.5 billion was imported from these countries,” Piltan said.
Piltan said that during the same period Iran exported $9 billion worth of goods to Iraq and $2.5 billion to the UAE.
From among the regional countries, there are some that are on top of the foreign trade of Iran: Iraq (4th) and Oman (18th).
"Up to $12.5 billion of the $22 billion trade was exported to the Arab states of the Persian Gulf and $9.5 billion was imported from these countries,” Piltan said.
Piltan said that during the same period Iran exported $9 billion worth of goods to Iraq and $2.5 billion to the UAE.
From among the regional countries, there are some that are on top of the foreign trade of Iran: Iraq (4th) and Oman (18th).