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Iran’s annual non-oil trade surpasses $102B

Oil&Gas Materials 5 April 2015 13:10 (UTC +04:00)

Baku, Azerbaijan, Apr. 5

By Umid Niayesh - Trend:

Iran's non-oil trade turnover (including condensates) surpassed $102.221 billion during the last Iranian fiscal year (ended on March 21).

Iran's non-oil exports stood at $49.744 billion during the period or by 18.87 percent more compared to the preceding year, the Iranian Customs Administration reported April 4.

Tehran also imported about $52.477 billion worth of goods during the period, which indicates a 5.57 percent growth in value year on year.

The country's Customs Administration has not published yet a detailed annual report of the Islamic Republic's trade.

Iran's oil and oil product exports during the last fiscal year is estimated at about $50 billion.

The Islamic Republic's total non-oil exports (including condensates) to the foreign countries stood at $46.306 billion in the 11-month period from March 21 to Feb. 20, while the country's total imports amounted to $48.258 billion.

Follow the author on Twitter: @UmidNiayesh

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