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Iran’s non-oil exports hits $31B

Business Materials 2 January 2015 12:18 (UTC +04:00)

Baku, Azerbaijan, Jan. 2

By Umid Niayesh - Trend:

Iran's non-oil exports (excluding condensates) surpassed $31.212 billion during the first eleven months of 2014, indicating an increase by 9.78 percent compared to the same period of the preceding year.

Iran exported some 73.227 million metric tons of non-oil goods during that period which is 3.47 percent more compared with the first eleven months of 2013, the Iranian Customs Administration said in its latest monthly report published Jan. 2.

The Islamic Republic exported 6.862 million metric tons of non-oil goods, worth $3.271 billion in November 2014.

Liquefied propane worth $1.801 billion (5.77 percent of overall exports), liquefied butane worth $1.25 billion (4 percent of total export value) and grid polyethylene film worth $1.232 billion (3.95 percent of overall export) topped the list of Iran's exported non-oil goods.

Liquefied propane exports registered a 108.16-percent increase compared to the first eleven months of 2013 in terms of value, meanwhile exports of liquefied butane and grid polyethylene film witnessed increase by 63.76 percent and 50.1 percent respectively.

Iran's overall exports excluding the three mentioned goods increased by 3.65 percent in terms of value and 1.16 percent in terms of volume compared to the 11-month period of 2013.

The average price for each one metric ton of Iran's non-oil goods in the mentioned period was around $426, which is 6.11 percent more than in the previous year.

Iran's overall non-oil trade turn over stood at $81.877 billion during the first eleven months of 2014.

The figure indicates a 16.95 percent rise in comparison with the $70.01 billion trade turn over during the first eleven months of 2013.

Follow the author on Twitter: @UmidNiayesh

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