Iran exchanged 1.32 gigawatts of electricity with its neighboring countries on Sunday, the Energy Ministry announced. The country exported 931 megawatts of electricity to Afghanistan, Iraq, Pakistan, Armenia and Turkey, and imported 389 megawatts of electricity from Armenia and Turkmenistan. Iran\'s power swaps with the neighboring countries showed a positive balance of 542 megawatts on Sunday. Iran exported 11.054bln kilowatts of electricity to its neighboring countries in the last Iranian calendar year (ended on March 20). Iran also imported 3.968 billion kilowatts of electricity last year, showing an percent rise year on year. \"The volume of Iran\'s electricity exports to the neighboring states will increase by 1bln kilowatts to surpass 12bln kilowatts,\" Deputy Energy Minister Mohammad Behzad told FNA late in May. \"Iran exchanges energy resources with Armenia, Pakistan, Turkmenistan, Turkey, Azerbaijan, Iraq and Afghanistan at present, and the total volume of Iran\'s daily power exports to Afghanistan, Iraq, Pakistan, Armenia and Turkey stand at 1,427,\" he added. Behzad also said that Iran has exported over 11bln kilowatts of electricity last year. The Islamic Republic is currently exporting electricity to Armenia, Pakistan, Turkmenistan, Turkey, Azerbaijan, Nakhichevan, Iraq and Afghanistan. Earlier in May, Behzad also announced that the country\'s electricity exports have increased 40% since the beginning of the current Iranian year, and said Tehran has signed several contracts with the neighboring states to export electricity. He said Iran is expected to export about 10bln kilowatts of electricity in the current Iranian year. Behzad also said Iran has signed several contracts with its neighboring countries in this regard, which will help boost its electricity exports.