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Iran reports more trade with neighbors

Iranian President Raisi has prioritized increasing regional trade in response to Iran's economic woes, achieving mixed results.

Iran carpet
A carpet vendor awaits customers at his shop in the Bazar-e Bozorg on June 2, 2014 in Isfahan, Iran. International sanctions have severely affected Iran's carpet industry. — John Moore/Getty Images

The Iranian government has reported a substantial increase in trade with its neighbors. 

Iran’s Customs Administration spokesman Rouhollah Latifi said today that Iran’s trade exchanges with its neighbors from March to December 2021 were valued at 92 million tons in volume and more than $46.2 billion in cash. This constituted an increase of 13% in volume and 28% in monetary value from the year prior, the official Islamic Republic News Agency reported

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