Publish Date: 24 August 2012 - 20:17

NAM annual trade with Iran stood at $43b until March 2012

Trade between Iran and other members of the Non-Aligned Movement amounted to around $43 billion in the past Iranian calendar year, which ended on March 19, accounting for almost $40 percent of Iran’s total $105 billion in non-oil trade, the ISNA news agency cited Customs Administration data as reporting.

Iran exported $19.7 billion non-oil goods to NAM member states, while imported $24.1 billion worth of goods last year.

Iraq, the UAE, India, and Afghanistan were the main importers of Iranian goods. The UAE, India, Malaysia, and Oman were the major exporters to Iran.

It should be noted that China, Russia, Brazil, Mexico, Kazakhstan, Argentina, the Netherlands, Serbia, and Ukraine are among the observer members of NAM which also have trade ties with Iran.

NAM is second largest international organization after the United Nations, made up of 120 countries, with an additional 21 observer states.

isna/281