Increase in exports to Russia

 

 

According to the Teheran Chamber of Commerce, food exports to Russia totaled $ 218 million in the last fiscal year (March 2016-March 2017), up 26% from the previous year. The prior year had itself increased by + 55% in volume and + 38% in value.

 

 

 

This trend is expected to increase further in the future. Iranian production is fortifying and the volume of exports is increasing. The market share of Iranian products on the Russian market is still weak but will strengthen.