Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
   


Image: hadfnews. / FIS

Iran's annual exports to Russia rise 57% to over $740 mn

Click on the flag for more information about Iran IRAN
Thursday, June 01, 2023, 07:00 (GMT + 9)

Iran exported 1.41 million tons of goods worth $743.88 million to Russia in fiscal 2022-23 (ended March 20), registering a 25% and 57% rise in weight and value respectively compared with the year before.

According to the Islamic Republic of Iran Customs Administration, Russia ranked 10th on the list of Iran’s top export destinations during the period.

Photo: Swlife -->

The exports mainly included components and parts of turbojets or turboprops (except for the fixed and moving blades of gas turbines) with $68.49 million, shrimp with $57.76 million, kiwi with $51.74 million, pistachio with $44.1 million, and capsicum and Pimenta pepper with $34.07 million, Financial Tribune reported.

According to Iran Primer, trade between Iran and Russia fluctuated wildly in the three decades after the Soviet Union collapsed in 1991. It plummeted by 65% between 2010 and 2015 when the UN imposed sanctions on Iran, then nearly quadrupled by 2022 after international sanctions were lifted, a new trade route opened and a budding military alliance deepened.

“We in Iran have no limits for expanding ties with Russia,” President Ebrahim Raeisi told Russian President Vladimir Putin in 2022.

Between the mid-1990s and 2023, the trade balance between the two nations decisively favored Russia. Beginning in 2000, Iran bought largely raw materials, including iron and steel, as well as grains like wheat, from Russia. The latter mainly imported fruits and nuts. Iran and Russia were among the world’s top petroleum and natural gas producers and rivals in the international market. Oil and gas sales formed the largest source of export revenue for both countries.

By mid-2023, prospects for increasing revenues were still limited since neither country traded in more valuable goods.

“In terms of dollar value, Iran would have to sell a lot of agricultural goods to increase its total trade volume,” Alex Vatanka, director of the Iran Program at the Middle East Institute, said. 

“The big challenge is finding overlap where the two countries can help each other economically.”

Source: MNA/PR

editorial@seafood.media
www.seafood.media


 Print


Click to know how to advertise in FIS
MORE NEWS
China
May 9, 05:00 (GMT + 9):
China's Ocean-Going Squid Price Index in April 2025: Growth Slows Amid Market Adjustments
Denmark
May 9, 04:50 (GMT + 9):
Maersk reports solid results in increasingly volatile environment
Norway
May 9, 04:50 (GMT + 9):
Shellfish Surge:: Norway’s King Crab, Snow Crab, and Shrimp Exports Climb Amid Global Demand
Argentina
May 9, 00:10 (GMT + 9):
Fernando Álvarez 'Sticks the Sword' to SOMU and Seeks Direct Agreement with his Crew to Reactivate the Fleet
Spain
May 9, 00:10 (GMT + 9):
Experts Debunk Myths at Seafood Expo, Defending Fish as 'Complete and Sustainable Food'
Viet Nam
May 9, 00:10 (GMT + 9):
Promising Growth: Tuna Exports to Russia Gain Momentum
Worldwide
May 9, 00:10 (GMT + 9):
FAO-Globefish - Seabass and Seabream Market Overview
Spain
May 8, 07:00 (GMT + 9):
IN BRIEF - DNV certifies Skretting under the new ASC Feed Standard
South Korea
May 8, 06:00 (GMT + 9):
IN BRIEF - China’s installation of aquaculture facilities in Yellow Sea in compliance with law
Japan
May 8, 06:00 (GMT + 9):
Japan to Cut Pacific Mackerel Catch Quota by 60% in FY 2025 Amid Resource Concerns
Denmark
May 8, 04:00 (GMT + 9):
IN BRIEF - Danish Norway Lobster Landings Surge in 2025, Boosting Port Activity
Norway
May 8, 04:00 (GMT + 9):
International Market Dynamics for Norwegian Cod Exports (fresh, frozen, dry, salted...)
Worldwide
May 8, 03:40 (GMT + 9):
Global Tilapia Industry Outlook: Moderate Growth and Shifting Market Dynamics
Spain
May 8, 02:00 (GMT + 9):
The Global Supply of MSC-Certified Sustainable Tuna Increases, with Spain as a European Leader
Viet Nam
May 8, 00:10 (GMT + 9):
Vietnam's Seafood Exports Surge, Navigating US Tariff Challenges and Intensified Chinese Competition



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Japan to Cut Pacific Mackerel Catch Quota by 60% in FY 2025 Amid Resource Concerns
Japan Despite scientific recommendations for an 80% reduction, the Fisheries Agency compromises with a 60% cut to the Pacific chub and golden mackerel quota, while the Pacific saury quota falls below 100,00...
China's Ocean-Going Squid Price Index in April 2025: Growth Slows Amid Market Adjustments
China Supply-Demand Imbalances and Regional Variations Influence Squid Prices Overall Index Performance In April 2025, China's ocean-going squid price index continued its upward trajectory but at a decele...
Russia Reports Over 1.8 Million Tons of Seafood Caught in First Four Months of 2025
Russia Fed. Strong performance across all fishing basins, led by pollock and herring in the Far East and a sharp increase in anchovy catch in the Azov-Black Sea basin As of early May 2025, Russian fishing vessel...
Peru's Fisheries GDP Surges in March 2025: Anchovy and Seafood Production Drive Growth
Peru Peru's Ministry of Production (PRODUCE) reports a significant 29.1% year-on-year increase in fisheries GDP for March 2025, driven by a strong performance in both industrial and direct human consum...
 

Umios Corporation | Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Aquaculture Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2025 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER