Iran�s customs office IRICA says Russia was responsible for a bulk of trade between Iran and members of the Eurasian Economic Union (EAEU) in the year to March 20.

IRICA chief Mehdi Mir Ashrafi said on Wednesday that Iran�s trade with Russia had amounted to nearly $2.626 billion in value terms over the past calendar year.

Mir Ashrafi said, however, that Iran had posted a trade deficit of $1.608 billion with Russia in the year to late March, saying that imports from Russia reached over $2.116 billion over the period, an increase of 19% compared to the previous year.

Iran�s exports to Russia also increased by 10% year on year in late March to nearly $510 million, he said.