The value of trade between Iran and Azerbaijan increased by 13 percent in the past Iranian calendar year 1401 (ended on March 20), based on the data released by the Islamic Republic of Iran Customs Administration (IRICA). Iran-Azerbaijan trade was $688 million in 14001, and $608 million in 1400.
Components and parts, tubes, aluminum, packaged butter, potatoes, heaters, non-electric appliances, non-powder polyethylene compound, special polyethylene compound wire and cable cover, polyethylene film grade with specific weight, and iron and steel ingots were Iran’s main exported items to Azerbaijan.
Milling machines, car gearboxes, gas generators for the simultaneous production of electricity and heat, lathes, air-generating units, presses for the production of chipboards, bending machines (presses), pipes, car engine control units, and sets of generators with compression piston engines were Iran’s major imported products from its neighbor in the past year.
As announced by the spokesman of Trade Development Committee of the Iranian House of Industry, Mining, and Trade, the value of Iran’s non-oil export to its neighbors rose 19 percent in the past Iranian year.
Ruhollah Latifi said that 75.184 million tons of non-oil commodities worth $30.537 billion were exported to the neighboring countries in the previous year.
According to the official, Iran imported 21.582 million tons of non-oil products valued at $28.305 billion from its neighbor in the past year, with a 10-percent growth in worth year on year.—Tehran Times
