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India-Iran trade: Highs and lows. India-Iran bilateral trade registered 23.7 percent growth in the financial year 2018-19 (FY19), peaking at US$17.03 billion with mineral oil and fuel claiming the lion’s share in Indian imports, accounting for US$12.3 billion.
India-Iran Trade: In 2022, India exported $2.68B to Iran. The main products that India exported to Iran were Rice ($1.16B), Tea ($85.7M), and Raw Sugar ($80M). Over the past 5 years the exports of India to Iran have increased at an annualized rate of 78.2%, from $149M in 2017 to $2.68B in 2022.
May 14, 2024 · Following the signing of the long-term agreement, India will have unimpeded access to trade with land-locked Afghanistan and Central Asian republics: Uzbekistan, Kazakhstan, Kyrgyzstan,...
Apr 18, 2024 · Where India’s trade with Israel and Iran stands, and whether regional tensions could impact it. India-Israel trade has doubled in the last five years, while the value of India-Iran trade came down in the same period. Could the Indian economy be affected amid tensions in the Middle East? Written by Harikishan Sharma.
Executive Summary. In this report, we have summarised India’s trade relations with Iran by looking at the products imported from and exported to it, as well as India’s dependence on its trade with Iran. re USD 463.38 Million. India’s total exports to Iran in 2021-22 w. Trade Snapshot.
Oct 27, 2022 · As per recent reports, the bilateral trade between India and Iran has increased; Iran’s exports to India stood at $361 million during January-July 2022 while it was $267 million during the...
India-Iran bilateral trade during the FY 2022-23 was $2.33 billion, registering a growth of 21.76% YOY. During the period, India’s export to Iran was $1.66 billion (a growth of 14.34% YOY) and India’s import from Iran was $ 672.12 million (a growth of 45.05% YOY).
India–Iran relations (Hindi: भारत-ईरान संबंध; Persian: روابط هند و ایران) are the bilateral relationship between the Republic of India and the Islamic Republic of Iran. Independent India and Iran established diplomatic relations on 15 March 1950.
Apr 24, 2023 · The declining trend in trade between Iran and India has had a negative impact on their bilateral commerce. In FY 2022, India-Iran bilateral trade amounted to US$1.91 billion, registering a...
May 13, 2024 · NEW DELHI, May 13 (Reuters) - India signed a 10-year contract with Iran on Monday to develop and operate the Iranian port of Chabahar, the Narendra Modi-led government said, strengthening...
