Iran's Exports to S. Arabia Witness Rapid Growth in 2022
TEHRAN (ANA)- Iran's exports to Saudi Arabia have increased dramatically in 2022 amid the two countries' efforts to ease tensions.
Iran's customs administration said during the period from the Iranian New Year that fell on March 21, 2022, to Nov. 1, 2022, the value of Iranian exports to Saudi Arabia reached 14.71 million dollars, which is a record high since Riyadh cut diplomatic ties with Tehran in 2016.
During the same period in 2021, the trade volume only stood at 42,000 dollars.
The main exports include steel ingots, grapes, and sodium hydroxide, among others.
Rounds of talk between the two sides took place in 2022 to improve bilateral relations and ease regional tension.
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