Iran’s annual trade turnover stands at $180b: CBI

The deputy governor of the Central Bank of Iran (CBI) for economic affairs Mohammad Shirijian has put the total trade turnover of the country in the previous Iranian calendar year at $180 billion.

Iran’s trade turnover reached $180 billion in the previous calendar year (March 21, 2023-March 19, 2024) based on the balance of payments of the bank, Shirijian said.

According to the balance of payments of the Central Bank of Iran, the Islamic Republic exported $100 billion worth of goods in the period, marking a three percent rise compared to the previous year, he added.

The official said that $80 billion worth of products were imported into the country in the said time, showing a 6.2 percent hike compared to the year before.

Iran’s trade with member states of the Organization of Islamic Cooperation (OIC) reached $61 billion last year.