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Iran’s non-oil trade surpasses $94.5B

Business Materials 23 February 2015 11:25 (UTC +04:00)

Baku, Azerbaijan, Feb. 23

By Umid Niayesh - Trend:

Iran's non-oil trade turnover (including condensates) surpassed $94.564 billion during the first eleven months of current Iranian fiscal year (March 21, 2014- Feb. 20), Iranian Customs Administration reported Feb. 23.

Iran's non-oil exports stood at $46.306 billion during the period, 22.5 percent more compared the 11-month period of last year (Iran's fiscal year starts on March 21).

Iran also imported about $48.258 billion worth of goods during the period, which indicates a rise by 12.3 percent in value year on year.

Liquefied propane, liquefied butane, methanol, grid polyethylene film and tar were the main items exported.

China, Iraq, the UAE, Afghanistan and India were the top importers of Iranian goods during the mentioned period.

Meanwhile China, the UAE, South Korea, Turkey and India were the leading exporters of goods to Iran.

Wheat (with share of 4.6 percent from total imports' value), motor vehicles with internal combustion engine (3.66 percent of total imports' value), corn fodder (3.31 percent), rice (2.68 percent), soybean meal (2.4 percent) and were the main imported goods during the 11-month period.

Iran's total non-oil exports (including condensates) to foreign countries stood at $42.584 billion in the 10-month period from March 21 to Jan. 20, while the country's total imports amounted to $43.677 billion.

Follow the author on Twitter: @UmidNiayesh

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