Iran’s non-oil trade exceeds $80.1b in 11 months


Iran's Non Oil Trade exceeds USD80bJNN 27 Feb 2014 Tehran : Iran conducted $80.159 billion in trade of non-oil goods with other countries during the first eleven months of the current calendar year which began on March 21, 2013, according to the latest report released by Iran’s Customs Administration.

The country exported $37.363 billion worth of non-oil goods, including gas condensates, and imported $42.796 billion of non-oil goods during the 11-month period.

Exports fell by 1.52 percent in value, but rose by 15.73 percent in volume compared to the same period in the previous year.

Iron ore concentrate, liquefied propane, and bitumen were the main goods exported, and rice, soy meal, and corn were the main items imported.

China, Iraq, and the United Arab Emirates were the three top importers of Iranian goods during the period. The three countries imported $6.582 billion, $5.265 billion, and $3.237 billion worth of Iranian goods, respectively.

Meanwhile, the United Arab Emirates, China, and India were the leading exporters of goods to Iran. They exported $9.246 billion, $8.407 billion, and $3.728 billion worth of goods to Iran.

Previously, the Iranian Customs Administration reported that Iran’s trade balance with 83 countries was positive in the first nine months of the current Iranian calendar year, which began on March 21, 2013, ISNA reported, citing data released by the Iranian Customs Administration.

The country traded [non-oil] goods with 171 countries in the 9-month period, according to the report.

Iran had the highest positive trade balance with Iraq, Afghanistan, Turkmenistan, Egypt, and Azerbaijan.

Iran exported around $43.7 billion worth of non-oil goods in the previous Iranian calendar year and imported about $61.8 billion worth of non-oil goods to hit the unprecedented mark of $105 billion in annual trade.

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One thought on “Iran’s non-oil trade exceeds $80.1b in 11 months

  1. Pingback: VELAYAT TV USA – Iran’s non-oil trade exceeds $80.1b in 11 months

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