Iran's export to Armenia grown by 38%

The spokesman of the International Relations and Trade Development Commission of Iran's Mining Industry and Trade House said: “Iran's non-petroleum trade to Armenia has grown by 38% this spring.”

Seyyed Ruhollah Latifi stated concurrently with the visit of the Foreign Minister of Armenia: “Iran's non-petroleum export to Armenia witnessed a 53% growth in 1401 [equivalent to March 21, 2022 to March 20, 2023] and this trend has gained more momentum this spring with a growth of 38.4% compared to the first quarter of 1401.”

He added: “The Islamic Republic of Iran follows the policy of developing all-round relations with its neighbors with the view of mutual respect and maintaining the territorial integrity and common interests, and the development of economic relations with Armenia can be evaluated in this framework.”

The former spokesman of Iran's Customs Administration stated: “Despite the relatively small population of three million people, Armenia is Iran's gateway to the Eurasian Economic Union and Eastern Europe, and in other words, it is considered Iran's only land border with the countries of the Eurasian Economic Union with a population of 184 million people and a purchase market of 500 billion dollars.”

Regarding import from Eurasia, the spokesman of the International Relations and Trade Development Commission of Iran's Mining Industry and Trade House stated: “Minerals, sheep carcasses, all kinds of filters, kraft paper, cardboard, wood, medical equipment, measuring devices, electrical appliances, iron products and spare parts were among 1,872 tons of goods imported from Armenia in the spring (worth $7,995,410), which was a growth of 162% in weight and 300% in value.”

Regarding Iran's export products to Armenia, Latifi said: “Among the main export goods were steel products with more than 22%, food, fruits and vegetables, dried fruit, bitumen, urea, construction materials, coal, petroleum derivatives, gas, engine oil, chemical products, all kinds of paints, glues and solvents, health and cosmetic products, antifreeze, plastic materials, pipes, flooring, kitchen appliances, clothes, gloves, carpets, leather, boards, paper, thread and fabric, household appliances, dolls and toys, wires and cables, cars, tractors and trailers, spare parts, gas meters, measuring devices and medical equipment, sofas, ceramic and tiles, glass sheets, mirrors, kitchen utensils, gas stoves, radiators, boilers, metal products, copper and aluminum, fans, ventilators, elevators and lifts, mining machines, agricultural equipment, cutting, casting and industrial molding machines, livestock and poultry equipment, confectionery machines, industrial and sanitary valves, batteries, etc.”

The spokesman of the International Relations and Trade Development Commission of Iran's Mining Industry and Trade House said: “With the strengthening of relations in the Caucasus region between the neighbors and the reduction of existing tensions, the development of infrastructure and Iran's membership in the Eurasian Union, we can witness the increase in the volume of Iran's trade with Eurasia and Eastern Europe through Armenia, along with other routes, including sea (northern ports to Russia and Kazakhstan), land and rail (from Azerbaijan to Russia). Of course, the development of relations with ECO member countries such as Azerbaijan has always been on the agenda of the 13th government in the framework of the policy of neighborhood, convergence, multilateralism and the development of regional and international markets, and at the same time, we seek the prosperity of trade with this country, the countries of Central Asia and the Indian subcontinent, and Arabic countries.”

He added: “Iran's non-petroleum trade with Armenia this spring reached more than 335,000 tons of goods, worth $101,747, which was a growth of 70% in weight and 38.4% in value compared to the spring of the previous year.”