Annual exports from Isfahan province reach $1.5b

April 5, 2024 - 14:9

TEHRAN - An official at the customs offices of Iran’s Isfahan province said that 2.268 million tons of goods, valued at $1.429 billion, were exported from the customs offices of the province in the previous Iranian calendar year (ended March 19, 2024).

Cast iron, steel and steel products, oil and petrochemicals, machine- and handwoven carpets, dairy products, copper were of the main products exported from the customs offices of this province overseas last year, the director general of customs offices of Isfahan province added.

Kouhestani Pajouh went on to say that 82% of these products were exported to five countries, namely Iraq, Pakistan, Afghanistan, Turkey and the United Arab Emirates (UAE).

Elsewhere in his remarks, he pointed to the products imported into the province and noted that import of products from the customs of this province registered a 21 and a 9 percent hike in volume and value respectively compared to a year earlier, Mehr news agency reported.

Equipment and machinery for the production lines, components and raw materials needed by the industrial and production units were among the main products imported into the customs of this province in this period, he said, adding that these equipment were imported to this province from the United Arab Emirates, China, Turkey, Germany and Italy.

The value of Iran’s foreign trade including oil and technical engineering services reached $153.17.8 billion in the last Iranian calendar year 1402 (ended on March 19), the head of the Islamic Republic of Iran Customs Administration (IRICA) said.

According to Mohammad Rezvanifar, the value of the Islamic Republic’s trade with the partners in the previous year increased by 2.6 percent compared to the same period last year.

The official put the country’s non-oil exports, excluding exports of electricity, crude oil, and techno-engineering services, at 136.4 million tons worth $49.33 billion which shows a 9.82 percent rise in terms of tonnage and an 8.87 percent decline in terms of value

Iran exported $35.87 billion of crude oil, $370 million of electricity, and $1.293 billion of technical engineering services in the mentioned year, according to Rezvanifar.

According to him, during this period, 48.8 million tons of petrochemical products worth $19.4 billion were also exported, which shows a decrease of 11.32 percent and 28.59 percent in terms of weight and value, respectively.

During this period, liquefied natural gas with $3.9 billion, liquefied propane with $3.62 billion, and bitumen-oil with $2.19 billion were Iran’s top exported items.

Iran's top export destination during this period was China with $13.915 billion worth of imports from the Islamic Republic, followed by Iraq with $9.215 billion, the UAE with over $6.611 billion, Turkey with $4.16 billion, and India with $2.17 billion.

The official put the average customs value of each ton of exported goods at $362 which has decreased by 17 percent compared to the preceding year.

During this period, 39 million tons of goods worth $66.28 billion were also imported into the country, which shows an increase of 4.39 percent in terms of weight and 77.9 percent in terms of value, he said.

The country’s top five sources of imports in the previous year were the UAE with $20.782 billion, China with $18.545 billion, Turkey with $7.541 billion, Germany with $2.155 billion, and India with $1.917 billion worth of imports.

Corn, mobile phones, and gold ingots were the top three imported items followed by soybeans, automobile parts, sunflower seeds, and safflower were the five main items imported by the Islamic Republic.

Rezvanifar said the average customs value of each ton of imported goods increased by $5.16 and reached $1,697.

EF/