CBI: Iran quarterly trade balance hits $9.2 billion

Photo: CBI: Iran quarterly trade balance hits $9.2 billion / Iran

Tehran, Iran, Jun. 22
By Milad Fashtami - Trend:

The Central Bank of Iran announced that the country's account balance in the first quarter of the previous Iranian calendar year (March 20, 2013 - June 21, 2013) stood at $9.227 billion.

According to the CBI, Iran exported $22.757 billion worth of goods in the mentioned period, while importing $12.390 billion worth of goods, Iran's TASNIM News Agency reported on June 22.

The country's external debt was around $7.114 billion in the first quarter of pervious year.

Iran Customs Administration's latest report suggests that the country's total non-oil exports to foreign countries (excluding gas condensates) stood at $31.332 billion in previous year (which ended on March 20), while the country's total imports amounted to $50.818 billion.

The figures mark annual trade balance of -19.486 billion dollars for Iran.

Iran's annual trade turnover is projected to reach $160 billion by the end of the fifth five-year development plan (March 2016).

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