The value of Iranian exports to neighbouring countries amounts to $24 billion, including $16 billion to Arab states, an official has reported.
Director General of Trade Promotion Organization of Iran’s Arab-African Office Masoud Kamali Ardakani said the main exports to Arab countries include foodstuff, minerals and petrochemicals, Fars News Agency reported.
The US’ sanctions on Iran, the official said, have led to limited restrictions in some of these markets, while exports have grown in others.
Exports to Iraq amounted to $4.6 billion in the past six months.
Official data indicates that the volume of trade with the UAE reached about $ 19 billion last year, making the Emirates Tehran’s second largest trade partner.