The value of trade increased by 507% in rial terms, with Iran’s exports to Venezuela accounting for the lion’s share.
Iran exported $118 million worth of goods to Venezuela last year, which makes the Latin American country the 30th trade partner of Iran during the period, Finacial Tribune reported.
Exports to Venezuela grew by 49% in terms of weight and 416% in terms of value.
DAY/PR
TEHRAN, Nov. 21 (DID) – Iran’s Foreign Investment Board approved more than $5 billion in foreign investments during its 286th meeting under the new administration, according to a statement from the Ministry of Economy on Wednesday.
TEHRAN, Nov. 21 (DID) – Exports of mining sector products from Iran increased slightly in the first seven months of the current Iranian calendar year (March 21 to October 22, 2024).
