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Iran’s non-oil exports to Italy up by 494%

Business Materials 2 May 2016 17:17 (UTC +04:00)

Baku, Azerbaijan, May 2

By Fatih Karimov - Trend:

Iran's non-oil exports to Italy witnessed a huge increase of 493.7 percent in the first Iranian calendar month (March 20 - Apr. 20), according to the Iranian Customs Administration's latest report published May 2.

Iran exported 119,608 tons of non-oil goods, worth $71.81 million to Italy during that period.

Tehran's non-oil exports to the European country were 2562.4 percent more in terms of volume as compared to the same period of last year.

China was the main importer of the Iranian goods during the one-month period. Beijing's imports accounted for 26.5 percent of Iran's total non-oil exports in terms of value and 32.5 percent in terms of volume.

Iran exported 2.65 million tons of non-oil goods, worth $797 million to China during the first Iranian calendar month.

Iran's non-oil exports to China witnessed a rise of 11.78 percent in terms of value, while the volume of the Islamic Republic's non-oil exports to China rose by 73.9 percent, according to the Iranian Customs Administration.

The UAE (with $443 million), Iraq ($398.8 million), South Korea ($278.2 million) and India ($262.8 million) were the other four biggest importers of the Iranian goods after China.

The UAE's imports from Iran indicate a fall by 26.9 percent. Meanwhile, the Islamic Republic's exports to South Korea and India rose by 487 percent and 69.6 percent, respectively.

Iran's exports to Iraq registered a fall of 8.3 percent during the period, as compared to the same month of the preceding year.

Tehran's total non-oil exports surpassed $3 billion during the last Iranian calendar month, indicating a rise of 7.9 percent year-on-year.

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