Breaking: Monthly non-oil exports up 80% yr/yr
TEHRAN – Iran exported 8.302 million tons of non-oil commodities worth $2.968 billion in the first month of the current Iranian calendar year (March 21-April 20), registering an 80 percent rise in terms of value compared to the same period in the previous year.
According to the Head of Islamic Republic of Iran Customs Administration (IRICA) Mehdi Mir-Ashrafi, the country’s non-oil exports in the said period also increased by 56 percent in terms of weight.
Iran traded 10.343 million tons of non-oil goods worth $5.762 billion with its trade partners in the mentioned month, IRIB quoted Mir-Ashrafi as saying.
The country’s trade balance was $174 million positive in the said month, according to the official.
China, Iraq, the United Arab Emirates (UAE), Turkey, and Afghanistan were the Islamic Republic’s top export destinations in the period under review.
Mir-Ashrafi noted that gasoline was the top exported item in the mentioned month.
According to the official, Iran also imported 2.041 million tons of goods worth $2.794 billion in the said month, which indicated an 18 percent decrease in terms of weight and a 47 percent increase in terms of value.
Mobile phones, sunflower oil, wheat, rice, and meal were the top imported items of the country during the mentioned period.
The UAE, China, Turkey, India, and Russia were Iran’s top five import sources in the mentioned month.
The value of Iran’s non-oil trade stood at $73 billion in the past Iranian calendar year (ended on March 20).
According to Mir-Ashrafi, Iran’s non-oil export was 112 million tons valued at $34.5 billion, while that of import was 34.4 million tons worth $38.5 billion in the past year, the official added.
Among the country’s non-oil export destinations, China was the first, with importing $8.9 billion worth of products, Iraq was the second with importing $7.3 billion, the United Arab Emirates the third with importing $4.6 billion, Turkey the fourth with importing $2.5 billion, and Afghanistan the fifth with importing $2.2 billion.
Gasoline, natural gas, polyethylene, propane, and pistachio were Iran’s major exported products during the previous calendar year.
Iran’s top sources of non-oil imports last year were China with exporting $9.7 billion worth of products to the Islamic Republic, the UAE with $9.6 billion, Turkey with $4.3 billion, India with $2.1 billion, and Germany with $1.8 billion, respectively.
Corn, cell phone, rice, oil meal and oilseeds, wheat, and raw oil were the major imported items last year.