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Monitoring positive economic indicator between Iran and Saudi Arabia

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Iran’s customs department has confirmed that the value of the country’s exports to Saudi Arabia has reached $15 million over the past ten months.

The Customs Administration said Sunday that Iran has exported more than 30,791 tons of goods to Saudi Arabia worth more than $14,710 million from the start of the current fiscal year, March 20, to December 31. , 2022.

And she considered that the volumes of these exports are a noticeable jump after a long-term break in diplomatic relations between the two countries, noting that the volume of exports to Saudi Arabia compared to the same period in the previous fiscal year 2021 was less than $42,000.

And Iranian customs said that exports from March 20 to November 21, 2022 doubled to $377,309, but in the next 40 days, that is, until the date of December 31, 2022, it exceeded the level of $14,710 million, after exporting 30015 tons of steel rods worth $14.207 million and 60 tons of grapes worth $126,000.

The rise in Iranian exports to Saudi Arabia coincides with meetings within the Iran-Saudi dialogue mediated by Iraq.

Source: Faris

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