Iran’s trade and economic relations with Russia
Journal: RUDN Journal of Economics (Vol.33, No. 2)Publication Date: 2025-08-08
Authors : Irina Belova; Zakir Barat Ali;
Page : 199-212
Keywords : trade turnover; sanctions; Russian-Iranian cooperation; export; import; economic growth;
Abstract
The study examines Russia and Iran’s current trade and economic relations and promising directions for developing trade turnover. The study analyses the main areas of cooperation between the countries and identifies the main challenges and opportunities. The analysis showed that the main subject of imports and exports in the countries is agricultural products. Based on the analysed data on trade turnover between Russia and Iran over the past five years, an overview of trade volume between the countries is given, the commodity structure of exports and imports between the countries and the dynamics of trade development are presented. It was found that the current political and economic situation in the world contributes to strengthening trade and economic relations between Iran and Russia. The study also analyses the reasons for the growth in trade volume, including the impact of the imposed sanctions and the consequences of the withdrawal of several foreign companies from the Russian market. It has been established that there is an increase in cooperation between the countries under the influence of sanctions at the present stage. Based on the results of the conducted research and the identified difficulties countries face in the modern international market, ways to overcome them are proposed (investment on the part of Russia, striving for stability in the ratio of currencies to each other and the US dollar). The purpose of the study is to analyze the trade and economic cooperation between Russia and Iran, focusing on key aspects and prospective development directions. To achieve this goal, methods such as the review of scientific publications, analysis of statistical data and economic development indicators, as well as comparative analysis were employed. These methods enabled a deeper understanding of the current state of relations and helped identify key areas for their future development.
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Last modified: 2025-08-08 18:32:50