Saturday, 30/12/2017 15:26 (GMT+7)
Iran’s trade with the Association of Southeast Asian Nations (ASEAN) has witnessed strong growth, reaching USD2.63 billion in eight months to November 22nd.
According to the country’s Financial Tribune, Iran exported USD1.28 billion to while importing USD1.34 billion of non-oil goods from ASEAN nations during the reviewed period.
Thailand was the largest trade partner of Iran among ASEN member nations, with USD619 million in two-way trade, accounting for 24 percent of the country’s trade with the bloc.
Source: Internet
Meanwhile, bilateral trade between the Muslim nation and its second largest ASEAN trade partner – Singapore, in the period, increased by 10 percent year-on-year, achieving USD487 million.
Iran-Malaysia trade grew by 69 percent to USD486.5 million, while Iran's trade with Indonesia and Vietnam amounted to USD485 million and USD325 million, respectively.
Iran’s major exports to the ASEAN nations were steel, butane, propane and figs. It imported sugar cane, palm oil, soybean, rice, home appliances, and cell phones from the group.
ASEAN groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam./.
CPV/VNA