Iran’s annual non-oil export up 10%

April 18, 2023 - 12:28

TEHRAN- The value of Iran’s non-oil export rose 10 percent in the past Iranian calendar year 1401 (ended on March 20), the spokesman of Trade Development Committee of the Iranian House of Industry, Mining, and Trade announced.

Ruhollah Latifi said that 122.056 million tons of non-oil commodities worth $53.166 billion were exported in the previous year.

China with the purchase of $14.584 billion of commodities (no change), Iraq with $10.238 billion (15 percent growth), Turkey with $7.459 billion (23 percent growth), the United Arab Emirates (UAE) with $5.767 billion (28 percent growth), and India with $2.146 billion (18 percent growth) were the first five export destinations of Iranian goods in 1401, the official stated.

Latifi further announced that 37.18 million tons of non-oil commodities valued at $59.655 billion were imported to the country during the past year, with a 10 percent drop in weight, and a 13 percent rise in worth, year on year.

The UAE with sales of $18.395 billion (11 percent growth), China with $15.744 billion (24 percent growth), Turkey with $6.99 billion (15 percent growth), India with $2.019 billion (80 percent growth), and Germany with $2.019 billion (five percent growth), were the first five countries supplying goods to Iran in 1401, he stated.

The official went on to say that the country's non-oil trade reached 159.236 million tons worth $112.821 billion in the previous year, with an 11.2 percent growth year on year.

The value of Iran’s non-oil trade rose 38 percent in the Iranian year 1400, according to the former head of Islamic Republic of Iran’s Customs Administration (IRICA).

Alireza Moqadasi put the country’s non-oil trade at 162 million tons worth $100 billion in that year.

He said that Iran exported 122 million tons of non-oil products worth $48 billion in 1400, which was $14 billion (41 percent) more than the figure for the preceding year.

The country's non-oil trade record in 1400 was reached while the toughest sanctions were imposed on Iran, but thanks to God and the efforts of entrepreneurs, producers and the cooperation of foreign trade-related organizations, a historical record was achieved in the past year which was unprecedented in recent decades, the official underlined.

MA