Iran-EAEU trade rises 20% in 9 months
TEHRAN Tehran: The value of Iran’s exports to EAEU member countries had reached $1.5 billion in April-December. Iran’s trade with the Eurasian Economic Union (EAEU) had grown by 20% in the first nine months of the current Iranian calendar year (from the end of March to the end of December 2024) compared to the same period last year, Mohammad Lahouti, head of the Iran Export Confederation, has said. Lahouti said in an interview with IRNA on Saturday that the value of Iran’s exports to EAEU member countries had reached $1.5 billion in April-December. He added that Iran’s imports from the bloc also rose to $1.6 billion.
Previous reports suggested that imports of goods and commodities from the EAEU to Iran had increased by 16% year-on-year in the first 10 months of 2024, while exports from Iran to the bloc grew by 8% in the same period. Data showed that trade has nearly doubled since the implementation of a preferential trade agreement between the EAEU and Iran in 2018.
