Iran’s non-oil exports grow 22 pct

Feed: 2866 - Date: 6/9/2018 - Views: 400

The latest report of the Islamic Republic of Iran Customs Administration (IRICA) shows that Iran’s non-oil trade with other countries registered a $942 million positive balance and non-oil exports also grew 22 percent.

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According to the report, in a two-month period from March 21 to May 21, exports of various commodities except gas condensate and petrochemicals increased by 40.54% reaching to $4.391 billion. Meanwhile petrochemical exports increased by 1.19% reaching to $2.318 billion and gas condensate exports grew by 10.54% reaching to $1.29 billion.
 
Hence, the total value of non-oil exports and imports in the two-month period amounted to $14.536 billion, experiencing 11% growth compared to the same period last year.
 
Exports
As per the Islamic Republic of Iran Customs Administration’s data, Iran exported $7.739 billion of non-oil products, registering 21.93% increase compared to the same period last year.
 
Imports
As reported, Iran imported $6.797 billion of non-oil goods during the mentioned period of time, indicating 0.49 % rise compared to the last year.
 
The main buyers of Iranian goods during the two-month period were China with $1.451 billion, the United Arab Emirates with $1.371 billion, Iraq with $1.162 billion, Afghanistan with $577 million and India with $460 million and the other countries with $2.718 billion.
 
The main exporters of commodities to Iran during the mentioned period of time were China with $1.736 billion, the United Arab Emirates with $986 million, South Korea with $423 million, Germany with $357 million, and Turkey with $353 million.

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