Russia, Iran’s Main Trade Partner Among Caspian States

Iran's trade (excluding crude oil exports) with Caspian Sea littoral states stood at 5.72 million tons worth US$2.51 billion during the current fiscal year’s first nine months (March 21-Dec. 21), according to new data released by the Islamic Republic of Iran Customs Administration.

Russia was Iran’s main trading partner among Caspian states with 3.56 million tons worth US$1.66 billion during the period under review. It was followed by Azerbaijan Republic with 647,843 tons worth US$420.85 million, Turkmenistan with 1.04 million tons worth US$265.131 million and Kazakhstan with 477,938 tons worth US$170.5 million. Iran’s exports hit 2.82 million tons worth US$2.9 billion. - Financial Tribune