FINANCIAL NEWS

UAE exports goods worth USD11 b to Iran in 12 months

13 Apr 2014

(MENAFN) The UAE has ranked first as the biggest exporter of goods to Iran in the last Iranian year, which ended on March 20, 2014, according to Tehran Times.

Iran has imported as much as 6 million tons of goods worth USD11.852 billion from the UAE, posting 6.65 percent drop in terns of weight and 11.54 percent boost in value compared to a year earlier.

China was reported as the second largest exporter of goods to Iran with exports worth USD6.664 billion, followed by India (USD4.310 billion), and South Korea (3.855 billion.)

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