Iran’s spring trade with neighbors exceeds $13 billion despite seasonal dip
Exports to Iraq, UAE lead total flows; Qatar, Russia, and Oman show growth amid broader decline
TEHRAN, Iran (MNTV) — Iran’s non-oil trade with its 15 neighboring countries reached $13.42 billion in the spring quarter of the current Iranian year, according to new figures released by the Islamic Republic of Iran Customs Administration (IRICA).
The data, covering the period from March 20 to June 21, show around 23 million tons of goods were exchanged — marking a 17% decline in volume and a 16% drop in value compared to the same period last year.
Of the total, exports accounted for $6.65 billion, a year-on-year decrease of 22%. Iraq remained Iran’s top export destination with $1.904 billion in purchases, followed by the UAE with $1.6 billion, Turkey with $940 million, Afghanistan with over $510 million, and Oman with $437 million.
On the import side, non-oil shipments from neighboring countries stood at $6.77 billion, reflecting a 9.65% decline.
The UAE continued to lead as Iran’s primary source of imports, supplying goods worth over $3.885 billion, trailed by Turkey ($1.986 billion), Russia ($353 million), Oman ($223 million), and Pakistan ($174 million).
Despite the overall downturn, Iran recorded a notable increase in trade with several partners.
Commerce with Qatar surged by 69%, with Russia by 19%, Oman by 11%, and Turkmenistan by 8.5%, signaling pockets of growth even as general trade performance softened during the spring.
For the full Iranian fiscal year ending March 19, 2025, Iran’s non-oil trade with neighboring countries had climbed 21% year-on-year to reach $74.32 billion.
The total volume traded during that 12-month span stood at 112.8 million tons — a 16% increase compared to the previous year.
Over that period, exports reached 89.38 million tons valued at $36.01 billion, while imports totaled 23.43 million tons worth $38.31 billion.
The UAE, Turkey, Iraq, Pakistan, and Afghanistan remained the dominant players in Iran’s regional trade portfolio.
While spring figures revealed a seasonal contraction—likely influenced by shifting logistics, border access, or commodity trends—the broader 2024–25 data suggests a continuing upward trajectory in Iran’s non-oil trade within its regional neighborhood.
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