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Home›Iran economy›Iran’s trade with Persian Gulf countries exceeds $ 20 billion in 8 months

Iran’s trade with Persian Gulf countries exceeds $ 20 billion in 8 months

By Ninfa ALong
January 9, 2022
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Iran traded 41.16 million tonnes of goods worth $ 20.05 billion with the states bordering the Persian Gulf, namely Iraq, Kuwait, Qatar, United Arab Emirates, Bahrain and Saudi Arabia, in the first eight months of the current fiscal year (March 21-November 21), according to the latest data released by the Customs Administration of the Islamic Republic of Iran.
The UAE was Iran’s largest trading partner among the Persian Gulf states surveyed with 15.31 million tonnes valued at $ 13.01 billion. It was followed by Iraq with 23.16 million tons valued at $ 6.84 billion, Qatar with 785,421 tons valued at $ 103.89 million, Kuwait with 1, 91 million tonnes worth $ 91.35 million and Bahrain with 7,710 tonnes worth $ 6.19 million.
Iranian exports totaled 31.63 million tons with a value of 9.26 billion dollars.
Iraq was the main export destination with 21.64 million tonnes valued at $ 6.13 billion and was followed by the United Arab Emirates with 7.29 million tonnes valued at 2, $ 94 billion, Qatar with 783,714 tons worth $ 97.29 million, Kuwait with 1.91 million tons worth $ 91.35 million, Bahrain with 7,288 tons of ‘worth 4.89 dollars. million and Saudi Arabia with 429 tonnes valued at $ 41,018.

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