Monthly non-oil trade hits $5.6b in Iran

April 24, 2016 - 9:38

TEHRAN-According to Iran’s Customs Administration’s report, the value of the country’s non-oil trade hit $5.6 billion in the first Iranian calendar month of Farvardin (which ended on April 19).

According to this report, more than $3.6 billion worth of non-oil goods have been exported to other countries in the first month, the Fars news agency reported.
Liquefied natural gas (LNG), propane and butane were among the major exported goods and China, the United Arab Emirates (UAE), Iraq, India and South Korea were leading importers of these goods.
According to Iran’s Customs Administration, in the past Iranian calendar year, which ended on March 19, 2016, the value of the country’s non-oil trade reached over $83 billion.
In the past year, the Tasnim news agency reported, Iran exported $42.415 billion worth of goods while its imports reached $41.499 billion, showing a 16.11 percent decrease in the value of exports and a 22.53 percent decline in the value of imports when compared to its previous year.
Iran had set a target of $77.5 billion in non-oil exports for the past year, according to Mojtaba Khosrotaj, the Iranian deputy industry, mining, and trade minister.      
In its preceding year, the country’s total non-oil exports hit $49.744 billion while non-oil imports reached $52.477 billion.

EF/MA