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Iran foreign trade surpass 25 billion dollars

Business Materials 29 July 2013 20:17 (UTC +04:00)
Iran’s foreign trade was around 25.445 billion dollars in the first four months of the current year, which started March 21.
Iran foreign trade surpass 25 billion dollars

Azerbaijan, Baku, July.28 / Trend R.Zamanov /

Iran's foreign trade was around 25.445 billion dollars in the first four months of the current year, which started March 21.

According to Iran Customs Administration, the country's exports accounted for 12.536 billion dollars of the mentioned amount.

Iran's non-oil exports faced 5.18 per cent increase during the mentioned period, compared to the same period of time previous year.

It is while the country's imports decreased by 26.27 per cent.

During the mentioned period, Iran exported 25.679 million tons of non-oil goods (including gas condensates) and imported 9.122 million tons of goods.

Iran had non-oil trade with 196 countries in the previous year.

The country's balance of trade with 97 countries such the United Arab Emirates, South Korea, Switzerland, turkey, and China was negative in the mentioned period, the ISNA News Agency reported on March 6.

Tehran's balance was also positive with 99 countries, including Iraq, Afghanistan, India, Turkmenistan, and Pakistan.

The balance of trade, or net exports, is the difference between the monetary value of exports and imports of output in an economy over a certain period. It is the relationship between a nation's imports and exports.

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