Agrifood products account for over half of Iran-EEU trade

Financial Tribune – Agrifood trade accounted for 62.37% and 52.15% of the volume and value of total non-oil trade between Iran and EEU respectively last year

Iran traded 2.52 million tons of agrifood products worth 1.09 billion with the Eurasian Economic Union in the last Iranian year (March 2018-19), according to Shahrokh Shajari, director general of Agriculture Ministry’s Export Promotion Bureau.

Data released by the Islamic Republic of Iran Customs Administration show Iran traded 4.04 million tons of non-oil commodities worth $2.09 billion with the five EEU member states during the same period, registering a 22.96% and 34.08% increase in tonnage and value respectively compared with the previous year.

Agrifood trade accounted for 62.37% and 52.15% of the volume and value of total non-oil trade between Iran and EEU respectively last year.