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Iran-Russia trade surges 18 percent to US$1.7 billion in 2023

  • Jumping more than 40 percent up, the weight of trade between Iran and Russia was 3,748 million tons from March to November
  • Iran revealed that $616, 326 million worth of goods were exported to Russia, which shows 32% increase compared to the same period last year

Tehran, Iran–Trade between Iran and Russia has climbed 18 percent to US$1.7 billion in the first eight months of 2023.

This was stated by the chairman of the Iranian Customs Administration Mohammad Rezvani, noting that the Iran Iran-Russia trade recorded $1.7 billion in the first eight months of this year of 1402 in the Iranian calendar (March 21-Novemebr 21, 2023), showing 18% increase compared to the same period last year. ​

According to him, “The weight of trade between Iran and Russia during that period was 3,748 million tons, showing a 43% increase compared to the same period last year.”

“During that period, $616, 326 million worth of goods were exported to Russia, which shows 32% increase compared to the same period last year,” Rezvani Far added.

According to him, the weight of goods exported to Russia during that period was 1,495,000 tons, indicating a growth of 66%.

He continued to talk about the amount of imports from Russia as a trading partner country with Iran until November 21 this year, saying that “During this period, 2,254,000 million tons of goods worth $1,14,780  were imported., indicating a 31% increase in weight and 12% increase in value.