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Economy
2023-May-28  12:58

Iran’s Exports to Central Asian States, Caucasus, Russia Surge 18% in 2022

TEHRAN (FNA)- A senior official at Iran’s Trade Promotion Organization (TPO) said that Tehran's exports to the Central Asian countries, the Caucasus and Russia increased by 18% in the previous Iranian calendar year (ending on March 20).

Director-General of Central Asian, Caucasus and Russian Affairs Department of the TPOI stated that that Iran's exports to Central Asian states, Caucasus and Russia in the previous Iranian calendar year reached $3.2bln, registering an 18 percent growth compared to the previous year.

He added that Iran's exports to these countries in the Iranian calendar year 1400 (ended March 20, 2022) showed a 40 percent growth compared to the previous year. 

Russia was the biggest importer of Iranian goods with $745mln, which shows a 30% increase. The Republic of Azerbaijan with $650mln, Armenia with $465mln, Turkmenistan with $460mln and Uzbekistan with $290mln are in the next ranks.

The surge in foreign trade comes in the backdrop of the President Seyed Ebrahim Rayeesi administration’s agenda to expand economic realtions with countries in the region and those across the globe.

Iran's president has reiterated that his country is achieving success as, according to the US officials’, their maximum pressure policy on Tehran has been defeated. He has noted that Iran is no longer worried about its oil sales despite heavy sanctions imposed by the US.