Iran’s Exports to Russia Hit 760 Million Dollars in 10 Months
10:00 - February 17, 2024

Iran’s Exports to Russia Hit 760 Million Dollars in 10 Months

TEHRAN (ANA)- Iran has exported more than $760 million worth of different products to Russia during the first ten months of the current Iranian year (March 21, 2023 – January 20, 2024), an Iranian economic official said.
News ID : 5140

“The ceiling of our exports to Russia was about $300 million, and at present, our exports to the country have reached $760,373,000 in the first 10 months of this year,” said Rouhollah Latifi, the spokesman of the Iranian House of Industry, Mine and Trade's Trade Development Commission.

He added that Iran’s exports to Armenia has also reached $334 million in the same period, noting that a market of about 180 million people has been opened to Iran, considering Kazakhstan, Kyrgyzstan and Belarus.

Noting that reduction of tariff costs and the crisis in Ukraine has made Iran one of the suppliers of food needs of Russia with over 140 million population, Latifi said, “Over 60% of our bell pepper exports are to Russia which shows the desire of this market for this Iranian product, and this makes our products more global.”

On a visit to Russia in November, Iranian Vice-President for Science, Technology and Knowledge-Based Economy, Rouhollah Dehghani Firouzabadi held a meeting with Deputy Prime Minister and Minister of Industry and Trade of the Russian Federation Denis Manturov.

In the meeting, Firouzabadi and Manturov exchanged views on the fields of cooperation between the two countries in various fields of technology.

Also, Kazem Jalali, Iran's ambassador to Moscow and Andrei Fursenko, an Aide to the President of the Russian Federation were also attending the meeting, where Manturov stressed the need for expanding bilateral cooperation and pointed to automotive industry, auto parts and spare parts, aircraft manufacturing, medicine and medical equipment as the areas of interest for cooperation between the two countries.

Dehghani Firouzabadi, for his part, assessed Russia as a prominent country in various fields and considered the oppressive sanctions as laying the ground for Iran's progress, especially in the technology and knowledge-based areas.

Iran’s scientific vice-president also declared Tehran's readiness to cooperate in various fields, including health and hygiene, knowledge-based equipment, environment and healthy and sustainable food, energy and the field of transportation in the shipbuilding, automobile and aircraft areas.

At the end of the meeting, the two sides agreed to follow up on the areas of mutual interest as soon as possible by creating specialized working groups in different departments.

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