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The value of trade increased by 507% in rial terms, with Iran’s exports to Venezuela accounting for the lion’s share.
Iran exported $118 million worth of goods to Venezuela last year, which makes the Latin American country the 30th trade partner of Iran during the period, Finacial Tribune reported.
Exports to Venezuela grew by 49% in terms of weight and 416% in terms of value.
DAY/PR
TEHRAN, Sep. 20 (DAY) – In the meeting of Iran’s Minister of Industry, Mining, and Trade with Oman’s Minister of Energy and Minerals, both sides emphasized strengthening cooperation in the field of industry and mining.
TEHRAN, Sep. 20 (DAY) – Iranian and Tajik presidents in a meeting stressed increasing commercial and economic interactions between the two countries.
TEHRAN, Sep. 19 (DAY) – Iranian Deputy Minister of Foreign Affairs for Economic Affairs Mehdi Safari has urged for concluding a free trade agreement between Tehran and Belgrade with the aim of facilitating trade between the two countries.