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Iran’s trade turnover with OIC nations hits low point

GenevaTimes by GenevaTimes
April 20, 2026
in Europe
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Iran’s trade turnover with OIC nations hits low point
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BAKU, Azerbaijan, April 20. Iran’s trade volume
with member states of the Organization of Islamic Cooperation (OIC)
declined by 25.6% in the last Iranian year (March 21, 2025, through
March 20, 2026) compared to the previous year (March 20, 2024,
through March 20, 2025), Trend reports via the country’s Customs
Administration.

During the past year, Iran’s total trade turnover with OIC
member states amounted to $55 billion, down from $74 billion in the
preceding year.

Iran’s exports to OIC countries totaled $33 billion last year,
reflecting an 8.3% decrease compared to the $36 billion exported in
the previous year.




Meanwhile, imports from OIC member states amounted to $22
billion, marking a 42% reduction from the $38 billion recorded the
year prior.

Despite the overall decline in trade volume, Iran posted a trade
surplus in goods exports to OIC countries.

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