TEHRAN – Iran exported over 152 million tons of non-oil goods worth $57.8 billion in the past Iranian calendar year, which ended on March 20, 2025.

This marked a 10 percent increase in volume and a 15.62 percent rise in value compared to the previous year, according to Abolfazl Akbarpour, the deputy head of the Islamic Republic of Iran Customs Administration (IRICA) for planning and international affairs.

Imports totaled 39.3 million tons valued at $72.4 billion, representing a 0.77 percent decline in weight but an 8.22 percent increase in value from the previous year. The result was a non-oil trade deficit of $14.6 billion, largely due to the import of over $8.0 billion worth of raw gold bars, which accounted for 11.12 percent of the total import value.

Iran’s main non-oil exports included natural gas, liquefied propane and butane, methanol, liquefied petroleum gases and hydrocarbon gases, and gas condensates.

Natural gas was the top export item, with an average customs value of $314 per ton.

Other leading exports were petroleum bitumen, urea, non-alloy iron and steel billets, iron or steel bars, and polyethylene.

The top destinations for Iran’s exports were China at $14.8 billion, Iraq at $11.9 billion, the United Arab Emirates at $7.2 billion, Turkey at $6.8 billion, Pakistan and Afghanistan at $2.4 billion each, and India at $1.9 billion. These seven countries accounted for $47.6 billion, or 82.3 percent of Iran’s total non-oil export value.

On the import side, essential goods such as corn feed, soybean meal, genetically modified soybeans, rice, and sunflower seed oil were among the top items. Other key imports included smartphones, tractors, and auto parts.

The UAE was Iran’s largest source of imports at $21.9 billion, followed by China at $19.3 billion, Turkey at $12.4 billion, Germany at $2.4 billion, India at $1.7 billion, Hong Kong at approximately $1.4 billion, and Russia at $1.3 billion. Together, these countries supplied goods worth $60.7 billion, or 83.8 percent of Iran’s total imports.

Akbarpour said the trade deficit could be largely attributed to the surge in gold imports, which on their own exceeded $8.0 billion.

EF/MA