By Fatih Karimov – Trend:
Baku, Azerbaijan, Aug. 29
Iran’s imports from Germany increased by 164.69 and 29.23 percent in terms of volume and value, respectively, year-on-year during the first five months of current fiscal year (March 20-Aug. 21), according to the Iranian Customs Administration’s latest monthly report.
Iran imported 615,000 tons of goods, worth $938 million, from Germany during the five-month period. Germany’s exports accounted for 5.62 percent of Iran’s total imports in terms of value.
China was the main exporter of goods to Iran in the mentioned period. Iran imported 1.748 million tons of goods, worth $3.863 billion, from China in the five-month period indicating fall by 14.63 percent in terms of volume and 11.51 percent in terms of value respectively year on year.
The country’s exports accounted for 23.12 percent of Iran’s total imports in terms of value.
In the mentioned period, the Islamic Republic purchased almost 60 percent of its total imported goods from five countries – China, the United Arab Emirates, South Korea, Turkey and Germany.
Iran imported 2.155 million tons of goods, worth $2.862 billion, from the UAE, which makes up 17.13 percent of Iran’s total imports’ value.
Iran’s imports from the UAE witnessed a 21.19-percent fall in terms of value and a 23.68-percent decrease in terms of volume as compared to the same period of preceding year.
South Korea and Turkey exported $1.263 billion and $1.077 billion worth of goods to Iran, respectively.
Iran’s imports from Turkey registered a fall by 16.32 percent, meanwhile South Korea’s exports to the Islamic Republic decreased by 18.75 percent in terms of value year on year.
Iran imported 13.166 million tons of goods, worth $16.709 billion, during the five-month period, which is 2.85 percent less in terms of value as compared to the same period of preceding year.