IRICA: Trade With BRICS Reaches $31.8bn

Date: 24 February 2023 - 21:49

News ID: ۱۱۲۷۴۶

TEHRAN – Islamic Republic of Iran Customs Administration (IRICA) has reported that the country’s trade with BRICS member states reached 39.2 million tons worth $31.8 billion in ten months.
The data released, which excludes crude oil exports from the country in its statistics, Iran’s trade with BRICS member states, namely Brazil, Russia, India, China, and South Africa, reached 39.2 million tons worth $31.8 billion during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20).
China was Iran’s main trade partner among BRICS members with 29.17 million tons worth $25.3 billion. India came next with 5.91 million tons worth $4.01 billion. It was followed by Russia with 3.11 million tons worth $1.79 billion, Brazil with 457,473 tons worth $396.62 million and South Africa with 541,082 tons worth $294.63 million, Financial Tribune reported.
Iran’s exports stood at 31.63 million tons worth $15.16 billion.
Trade With Caspian Sea Littoral States Exceeds $3bn

Iran Customs Administration said that trade with Caspian Sea littoral states stood at 5.54 million tons worth $3.03 billion.
Iran’s trade (excluding crude oil exports) with Caspian Sea littoral states stood at 5.54 million tons worth $3.03 billion during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), registering a 9.19% rise in value, but a 12.59% fall in terms of weight compared with the similar period of last year.
Russia was Iran’s main trading partner among Caspian states with 3.11 million tons (down 20.23%) worth $1.79 billion (down 1.27%) during the period under review. It was followed by Azerbaijan with 647,809 tons (down 9.59%) worth $583.37 million (up 23.45%), Turkmenistan with 1.1 million tons (down 2.65%) worth $389.65 million (up 32.64%), and Kazakhstan with 664,991 tons (up 11.27%) worth $265.9 million (up 33.21%), Financial Tribune reported.
Iran’s exports exceeded 3.25 million tons worth $1.67 billion during the period, registering a 3.41% and a 23.81% rise in weight and value year-on-year, respectively.