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Trade between Iran, Azerbaijan rises 13% in a year

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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.—Tehran Times

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