{"id":111021,"date":"2023-02-26T12:26:21","date_gmt":"2023-02-26T06:26:21","guid":{"rendered":"https:\/\/www.iranmirrorbd.com\/en\/?p=111021"},"modified":"2023-02-26T12:26:21","modified_gmt":"2023-02-26T06:26:21","slug":"irans-annual-export-to-india-rises-60","status":"publish","type":"post","link":"https:\/\/www.iranmirrorbd.com\/en\/2023\/02\/26\/irans-annual-export-to-india-rises-60\/","title":{"rendered":"Iran\u2019s annual export to India rises 60%"},"content":{"rendered":"
<\/div>

The value of Iran\u2019s export to India increased by 60 percent in 2022 as compared to the preceding year, according to the data released by the Indian Ministry of Commerce and Industry.<\/p>\n

The Indian ministry put the worth of Iran\u2019s exports to India at $653 million in 2022, while the figure was $409 million in 2021, IRNA reported.<\/p>\n

As reported, petroleum products have been the major goods imported by India from Iran in the said months.<\/p>\n

According to the mentioned data, the value of trade between Iran and India reached $2.5 billion in 2022, rising 48 percent from $1.693 billion in 2021.<\/p>\n

During January-December 2022, India\u2019s export to Iran also increased by 44 percent to stand at $1.847 billion, while the figure was $1.284 billion in 2021.<\/p>\n

Rice was India\u2019s major product exported to Iran in the said period during which the country shipped $1.098 billion worth of rice to the Islamic Republic.<\/p>\n

In late May 2022, the Iranian ambassador to India said that Iran and India are trying to diversify the channels of payments to expand bilateral trade.<\/p>\n

In an exclusive interview with Financial Express Online, Ali Chegeni said, \u201cWe are trying to diversify the channels of payments and accordingly wish to extend and expand an already existing mechanism in order to cover all of the goods and services including all of the non-oil goods and to achieve this\u201d.<\/p>\n

During the past two years, because of Covid restrictions, we pursue the issue via virtual dialogues and currently, our officials are following the matter through the exchange of delegations, the envoy stated at the time.<\/p>\n

\u201cWe want to develop our economic and trade relations beyond energy and petrochemical products. because, due to the complementarity of Iran and India’s economies, an extensive range of non-oil trade exists between the two sides including trade on goods and services, investment, tourism, education, and \u2026 which may pave the way for multiplying our economic relations ten times more than current relations in mid and long terms\u201d, Chegeni said. \/T.T\/<\/p>\n","protected":false},"excerpt":{"rendered":"

The value of Iran\u2019s export to India increased by 60 percent in 2022 as compared to the preceding year, according to the data released by the Indian Ministry of Commerce and Industry. The Indian ministry put the worth of Iran\u2019s exports to India at $653 million in 2022, while the figure was $409 million in … Continue reading Iran\u2019s annual export to India rises 60%<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":111022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,11],"tags":[],"class_list":["post-111021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-news-2"],"yoast_head":"\nIran\u2019s annual export to India rises 60% - Iran Mirror<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.iranmirrorbd.com\/en\/2023\/02\/26\/irans-annual-export-to-india-rises-60\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iran\u2019s annual export to India rises 60% - Iran Mirror\" \/>\n<meta property=\"og:description\" content=\"The value of Iran\u2019s export to India increased by 60 percent in 2022 as compared to the preceding year, according to the data released by the Indian Ministry of Commerce and Industry. 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