Moj News Agency, Iran
May 23 2009

Iran-Armenia Trade Balance Decupled

Iran-Armenia trade balance in 1999 stood at $11.8 million, while the
figure in 2008 exceeded $1119.61 million, Abdol-hamid Asadian said. In
1999, Iran`s annual exports to Armenia valued at $37 million while the
figure in 2008 reached $141.18 million, he said adding that during the
same time Armenia`s exports to Iran has increased to $21.57
million. Bitumen, piston and steam-engine vehicles, glass sheet, soya
oil and molybdenum stone are among the main Iranian products annually
exported from Iran to Armenia. 2009/05/23