Export of Iranian goods to Russia grew by 30% – Kommersant
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Export of goods from Iran to Russia increased by 30% in annual terms. The agency reported ISNA with reference to Iranian customs data. The data covers the period from March 2022 to March 2023.
During this period, Russia bought from Iran 1.419 million tons of goods worth $743.882 million. In addition, Russia rose from 11th to 10th place in the list of largest importers. Most of all, Russia imported goods of the category “parts of turbojet or turboprop engines, except for fixed and movable blades of gas turbines.” This category of goods accounts for $68 million, or 9.21% of the value of all goods.
On May 19, Deputy Minister of Economic Development of Russia Dmitry Volvach announced that in 2022 the volume of trade with Iran increased by 20% in annual terms, to $5 billion.
In addition to increasing trade, Russia and Iran are developing a joint business. For example, the Iranian company Zarin Toys is considering construction in Bashkiria, an enterprise for the production of about 70 items of children’s goods. Russia will provide Iran with a state loan of €1.3 billion out of €1.6 billion of its cost for the construction of the missing section of the Rasht-Astara railway in Iran.
More about it – “Iran gets up off track”.
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