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Iran’s non-oil exports to China increase by 10%

Business Materials 1 February 2017 12:29 (UTC +04:00)

Baku, Azerbaijan, Feb. 1

By Fatih Karimov – Trend:

Five countries including China, UAE, Iraq, Turkey, and South Korea imported 64 percent of Iran's total non-oil goods in terms of value in the first ten months of current Iranian fiscal year (March 20, 2016-Jan. 20).

China was the main importer of goods from Iran in the mentioned period. The country's imports accounted for 18.6 percent of Iran's total exports in terms of value, according to the latest statistics released by Trade Promotion Organization of Iran (TPOI).

Iran exported $6.543 billion worth of goods to China during the 10-month period, indicating a rise by 10 percent year-on-year.

Iran also exported $5.665 billion worth of goods to the UAE (7 percent fall), which marks 16.1 percent of Iran's total exports’ value.

Iraq ($5.039 billion), Turkey (with $2.817 billion), South Korea ($2.567 billion), India ($2.312 billion), Afghanistan ($2.081 billion), Japan ($998 million), Pakistan ($657 million) and Oman ($482 million) were other top importers of Iranian goods.

Iran's exports to South Korea registered a rise by 383 percent in the period, meanwhile the country's exports to Turkey decreased by 9 percent.

Tehran's exports to India and Oman increased by 8 and 60 percent respectively compared with the 10-month period of preceding year.

Meanwhile Afghanistan and Japan imports from Iran witnessed fall by 2 and 8 percent respectively during the same period.

Iran’s exports to Pakistan registered a rise by 26 percent, meanwhile exports to Iraq marked no change in terms of value year on year.

Iran’s total non-oil exports (including the gas condensate) stood at $35.27 billion in the first ten months of the current fiscal year, which indicates an 8-percent increase.

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