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Exports from Iran’s Qeshm Island hit $70 million

Business Materials 17 March 2013 17:11 (UTC +04:00)
Some $70 million worth of goods were exported from Iran’s Qeshm Island located in the Persian Gulf in the current Iranian calendar year, which started on March 20, 2012, IRNA quoted head of Qeshm department of industry, mines, and trade Mohammadreza Nouri as saying.
Exports from Iran’s Qeshm Island hit $70 million

Azerbaijan, Baku, Mar.16/ Trend G.Mehdi/

Some $70 million worth of goods were exported from Iran's Qeshm Island located in the Persian Gulf in the current Iranian calendar year, which started on March 20, 2012, IRNA quoted head of Qeshm department of industry, mines, and trade Mohammadreza Nouri as saying.

The goods were exported mainly to the UAE, Iraq, Russia, and some African countries, he added.

Some 35 percent of investments in Qeshm industrial zone have been made by China, Japan, and the UAE in cement and food industries, he noted.

Iran's non-oil exports will surpass $50 billion by the end of the current Iranian calendar year (March 20), ISNA quoted Iranian Chamber of Commerce official Asadollah Asgaroladi as saying.

Non-oil imports are valued at $ 60-65 billion, he said, adding that non-oil exports should approach the imports.

On January 26, ISNA quoted Iranian Finance and Economic Affairs Minister Shamseddin Hosseini as saying that Iran has exported $34.5 billion worth of non-oil goods and imported $43.7 billion of non-oil goods during the first 10 months of the current Iranian calendar year, which began on March 20, 2012.

The non-oil exports and imports declined by 2.5 percent and 12.5 percent compared to the same period in the past year, respectively, he added.

He also said that exports of industrial and mineral goods increased by 30 percent, while exports of gas condensates and petrochemical products sharply fell due to international sanctions.

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