Iran's exports to Azerbaijan from March 21 to August 23 were valued at US$188.25 million, a decline of 15.8 percent from the same period last year, Trend news agency reported.

Iran's fiscal year begins on March 21.

The Islamic state exported 1.09 million tonnes of goods to Azerbaijan during period, a decrease of 12 percent year-on-year, Iran's Customs Administration said in a monthly report.

Iran imported US$11.39 million worth of goods from Azerbaijan in January-May, an increase of 40 percent from a year earlier.

Bakudaily.Az