WANA (Dec 25) – Iran’s exports to the Eurasian Economic Union (EAEU) rose 16% from March to October, reaching $1.26 billion, the head of Iran’s Free Trade Agreement Secretariat with the EAEU, Elham Hajikarimi, announced. Belarus and Armenia recorded the highest export growth at 50% and 35%, respectively.

 

Imports from the region grew 27% by country of origin, mainly essential goods such as sunflower oil, wheat, and animal feed corn, while imports by trading partner fell 19% to $885 million.

 

Hajikarimi highlighted that industrial goods—containers, white cement, iron bars, oil, bitumen, and synthetic fibers—have now joined agricultural products among Iran’s top exports to Eurasia. Key sectors with strong trade potential include automobiles and parts, textiles, pharmaceuticals, medical equipment, and the food industry.

 

Specialized working groups on customs, standards, rules of origin, and transport were held recently, and a three-year roadmap for economic and trade cooperation has been signed.

 

The Fourth International Eurasia Exhibition will be held in Tehran from Feb. 1–4, hosting regional trade delegations and high-level officials to discuss the free trade agreement, joint investment projects, and emerging areas such as e-commerce.

Non-Oil Trade.Export