Exports from Iran to Armenia increase by over 38% in Q1

The value of Iran’s export to Armenia increased 38.4 percent in the first quarter of the current Iranian calendar year (March 21-June 21) from the same period in the previous year, the spokesman of the Trade Development Committee of the Iranian House of Industry, Mining, and Trade announced, Report informs via Tehran Times.

Ruhollah Latifi said that Iran exported 335,000 tons of commodities worth $101.747 million to Armenia in the three-month period, IRIB reported.

The value of Iran’s non-oil export to Armenia rose by 62.5 percent in the past Iranian calendar year 1401 (ended on March 20), from the preceding year.

As reported, Iran exported commodities worth $478 million to Armenia in 1401, while the figure was $294 million in 1400.