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Tehran

Iran’s Trade With SCO Rises 31% YOY to Top $17b During 5 Months: IRICA

Iran and member states of the Shanghai Cooperation Organization traded 21.41 million tons of goods (excluding crude oil from Iran) worth $17.05 billion during the first five months of the current Iranian year (March 21-Aug. 22) to register a 31% increase compared with the similar period of last year, according to the Islamic Republic of Iran Customs Administration.

Iran’s exports (excluding crude oil) stood at 17.38 million tons worth $9.08 billion, which indicate a 10% rise in value compared with the similar period of last year, IRICA Spokesman Rouhollah Latifi was quoted as saying by IRNA.

“China was our biggest export destination among SCO member countries during the period, as the country imported $6.72 billion worth of Iranian products to register a 14% year-on-year rise.”