EghtesadOnline: Iran traded 1.27 million tons of non-oil commodities worth $642.63 million with Pakistan during the first five months of the current fiscal year (March 21-Aug. 22).
This marks a 23.31% and 19.72% growth in tonnage and value respectively compared with last year’s corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show. Iran’s exports to Pakistan stood at 1.11 million tons worth $485.25 million, up 41.97% and 68.21% in tonnage and value respectively year-on-year. Pakistan was Iran’s eighth major export destination during the period. Iran mainly exported tar, liquefied propane and vegetables to Pakistan during the five-month period. Pakistan exported 156,525 tons of goods worth $157.38 million to Iran, down 36.27% and 36.61% in tonnage and value respectively YOY. It was the 22nd exporter of goods to Iran over the five months. The imports mainly included rice, pear and sesame. Pakistan and India are the biggest exporters of rice to Iran, according to Financial Tribune.