Apr 7, 2024, 12:40 PM
Journalist ID: 1847
News ID: 85437517
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Iran's exports to Pakistan up by 39% in year to March

Apr 7, 2024, 12:40 PM
News ID: 85437517
Iran's exports to Pakistan up by 39% in year to March

Tehran, IRNA – During the last Iranian fiscal year (beginning on March 21, 2023), Iran’s exports to Pakistan surged by 39%, as reported by the spokesman of the International Relations and Trade Development Committee of Iran’s House of Industry, Mining, and Trade.

According to IRNA, the overall bilateral trade volume between Iran and Pakistan 4,933 million metric tons of goods, valued at $2.752 billion, which represents a 14.7% increase in weight and a 10% increase in value compared to the previous fiscal year.

In specific terms, Iran exported products worth $2.078 billion to Pakistan, while Pakistan reciprocated by exporting goods valued at $673.932 million to Iran.

Both nations have set their sights on achieving a $5 billion bilateral trade volume, a goal that seems attainable given the attempts made.

During this period, Iran’s exports to Pakistan included 4,379 million metric tons of goods, reflecting a 23% growth in weight and a 39% increase in value compared to the preceding fiscal year.

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