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Iran exports goods worth US$9.1bn to BRICS nations from March to August

Saudi Arabia, Egypt, the United Arab Emirates (UAE), Iran, and Ethiopia joined BRICS on Jan. 1, 2024.
  • Some 70.3 million tons of non-oil goods worth $43.5 billion were traded between Iran and the rest of the world during the same period
  • The top five export destinations for Iran's non-oil goods were China ($5.6bn), the UAE ($2.3bn), India ($845m), Russia (361m) and S. Africa ($51.5m)

Tehran, Iran–Iran has exported 27.7 million tons of goods worth $9.1 billion to BRICS member countries from March 21-August 21, 2023).

In the first five months of this year of 1402 in the Iranian calendar nearly 37 million tons of goods worth $25.1 billion were exchanged between Iran and current and new BRICS members, which accounted for 52.4% of the weight and 57.7% of Iran’s total foreign trade.

During this period, more than 70.3 million tons of non-oil goods worth $43.5 billion were traded between Iran and the countries of the world, of which 36.8 million tons worth $25.109 billion were exchanged between Iran and 10 current BRICS and new member countries, which accounted for 52.4% of the weight and 57.7% of the total value of Iran’s trade (total imports and exports).

Of the goods exchanged between Iran and BRICS, 27.7 million tons of non-oil goods worth $9.123 billion were Iran’s exports to 10 BRICS+ countries, which accounted for 50% of the weight and 47% of the total value of Iran’s exports to the world.

China with a purchase of $5.6 billion, the United Arab Emirates (UAE) with $2.3 billion, India with $845 million, Russia with $361 million and South Africa with $51.5 million, were the top five export destinations for Iran’s non-oil goods among the 10 current and new members of BRICS in the first five months of this Iranian year.