Skip to main content

Iran increases non-oil trade with Shanghai Cooperation Organization

The uptick in trade comes at an important time for Iran’s relations with Russia, Kazakhstan and India.
Iran SCO

Iran's trade is increasing with members of the Shanghai Cooperation Organization (SCO). 

Iranian Customs Administration spokesman Rouhollah Latifi said today that Iran exported $5.5 billion worth of non-oil goods to SCO member states in the second quarter of 2022, constituting a 20% increase from 2021. Iran imported $4.34 billion in non-oil goods from SCO members during the quarter, which was a 41% increase from last year, the official Islamic Republic News Agency reported

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.

Subscribe

Only $100 per year.